StockWatch
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Auto Components & Equipments
Clarification2 Jul 2026, 03:32 pm

Munjal Auto Denies Knowledge of Share Price Movement

AI Summary

Munjal Auto Industries Ltd has responded to a stock exchange query regarding a significant price movement in its shares. The company stated that it is unaware of the specific reasons for the fluctuation, attributing it to market-driven factors and general market conditions. Munjal Auto reiterated its commitment to timely disclosure of all material information as per SEBI regulations and confirmed that the management is not connected to the share price movement. The company assured adherence to all listing regulations and applicable laws.

Key Highlights

  • Company denies knowledge of share price movement reasons.
  • Price movement attributed to market-driven factors.
  • Management is not connected to the share price fluctuation.
  • Company reaffirms commitment to SEBI disclosure norms.