Identixweb Ltd Assures Prompt Disclosure, Price Movement Attributed to Market Conditions

Identixweb Ltd, in response to a clarification sought by the Stock Exchange regarding significant price movement, stated that it has consistently complied with the provisions of Regulation 30 of the SEBI LODR Regulations. The company has promptly disclosed all events, information, and announcements that may have a bearing on its operations, performance, and price of the equity shares. At present, the company is not aware of any information, event, or development that may have a material bearing on the price or volume behavior of its equity shares. The movement in the price of the company’s equity shares is attributed to general market conditions and investor sentiment. Identixweb Ltd assured that it will continue to adhere strictly to the applicable provisions of the SEBI LODR Regulations and promptly intimate the Stock Exchanges of any material event or information as and when required.