Munjal Auto Clarifies Share Price Movement, Cites Land Acquisition

Munjal Auto Industries Ltd has responded to a stock exchange query regarding its share price movement. The company stated that it has consistently disclosed all material information as per SEBI regulations. It highlighted a land acquisition agreement dated September 12, 2026, for property at AA-14, Mascot Industrial City, Vitthalapur, which was duly intimated. Munjal Auto denies awareness of specific reasons for the share price fluctuation, attributing it to market-driven factors and stating that management is not connected to the movement. The company reaffirmed its commitment to adhering to listing regulations.