Indag Rubber Ltd Clarifies Share Price Movement to BSE

Indag Rubber Ltd has responded to a clarification sought by the BSE regarding a significant price movement in its shares. The company stated that it has complied with SEBI (LODR) Regulations, 2015, by intimating all applicable events and information, including price-sensitive information, within prescribed timelines. Indag Rubber Ltd confirmed no instances of delayed or unreported price-sensitive information. The company further stated that it is unaware of the specific reasons for the share price movement, attributing it to market-driven factors and general market conditions, and affirmed that the management is not connected to the price fluctuations.