
Clarification2 Nov 2026, 03:57 pm
Dhvija Finance Clarifies Price Movement, Cites Market Forces
AI Summary
Dhvija Finance Ltd (formerly F Mec International Financial Services Limited) has responded to the BSE's query regarding recent significant price movement in its securities. The company affirmed compliance with SEBI Listing Regulations, stating all material events have been disclosed. Recent disclosures include strong Q2 FY26 financial results (revenue ₹801.98 lakh, profit ₹315.93 lakh), a name change to Dhvija Finance, AGM outcomes, NCD allotment, promoter share pledge release, and a CFO resignation. Dhvija Finance attributes the price movement to market forces and investor perception, asserting no undisclosed material information exists. The company is awaiting Board approval for Q3 FY26 results.
Key Highlights
- Company denies knowledge of undisclosed material events impacting price.
- Price movement attributed to market forces and investor perception.
- Recent disclosures include strong Q2 FY26 results and name change.
- Board meeting scheduled to approve Q3 FY26 financial results.
- Company reiterates compliance with SEBI regulations.
Price Impact
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