Kabsons Industries Confirms Compliance with Regulations, Denies Involvement in Share Price Movement

Kabsons Industries Ltd. has confirmed that they have been promptly disclosing all the applicable disclosures under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable Regulations and Provisions. They give high priority to the compliance matters of the Stock Exchange, SEBI and other Regulators. The company has stated that they do not have any knowledge of price movement of the scrip on the Exchange, implying that the movement in the share price is purely due to market conditions and absolutely market driven.