Mehul Telecom Clarifies Price Movement, Cites Market Forces

Mehul Telecom Ltd has responded to a stock exchange query regarding significant price movement in its securities. The company stated that it adheres to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for disseminating information. Mehul Telecom believes the recent price fluctuations are primarily driven by market forces and general market conditions. They confirmed that there is no price-sensitive information or any reportable event that requires immediate disclosure under Regulation 30 of the Listing Regulations at this time.