Clarification30 Jun 2026, 09:30 pm
Mahalaxmi Rubtech Clarifies Share Price Movement
AI Summary
Mahalaxmi Rubtech Ltd has responded to queries from BSE and NSE regarding a significant movement in its share price. The company stated that the price fluctuation appears to be market-driven and attributable to prevailing market conditions. Management claims no control over or knowledge of the specific reasons for the movement. The company also confirmed its compliance with SEBI regulations, promptly disclosing all material events and stating it is unaware of any un-disclosed price-sensitive information.
Key Highlights
- Company clarifies significant share price movement to exchanges.
- Attributes price change to market-driven factors and conditions.
- Management denies knowledge of specific reasons for movement.
- Confirms compliance with SEBI disclosure requirements.
- States no undisclosed price-sensitive information exists.
Price Impact
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