Gini Silk Mills clarifies significant share price movement to BSE

Gini Silk Mills Ltd responded to a BSE email dated April 10, 2026, seeking clarification on significant share price movement. The company affirmed its compliance with SEBI (LODR) Regulations, 2015, stating it has promptly informed the Stock Exchange of all material events and price-sensitive information. Gini Silk Mills clarified that there is no undisclosed or price-sensitive information, nor any impending announcement or corporate action that could explain the recent price/volume behavior. The company attributed the share price movement solely to market-driven factors and prevailing market conditions, over which it has no control or knowledge of specific reasons. It reiterated its commitment to promptly inform exchanges of all material events as required by Regulation 30 of SEBI (LODR) Regulations.