StockWatch
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Plastic Products - Industrial
Clarification17 Apr 2026, 03:59 pm

Narmada Macplast clarifies price movement is market-driven

AI Summary

Narmada Macplast Drip Irrigation Systems Ltd responded to BSE's clarification request regarding its share price movement. The company stated it has disclosed all required price-sensitive information under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has not withheld any relevant information. It attributed the share price fluctuations solely to market conditions, over which it has no control or knowledge of specific reasons. The company reiterated its commitment to regulatory obligations and high standards of governance and disclosures.

Key Highlights

  • Company clarified share price movement to BSE.
  • All price-sensitive information has been disclosed.
  • Price movement attributed purely to market conditions.
  • Company has no control or knowledge of reasons for price changes.
  • Reaffirms compliance with SEBI LODR Regulations.