
Clarification17 Apr 2026, 06:11 pm
Rexnord clarifies no price-sensitive info behind stock movement
AI Summary
Rexnord Electronics & Controls Ltd responded to BSE's query regarding significant price movement, stating there is no undisclosed event or information that could be deemed price-sensitive. The company confirmed that its last Board Meeting was held on February 10, 2026, and all necessary compliances and disclosures were made. Rexnord attributes the volatile stock movement to general trends in the share market. The company emphasized its consistent compliance with SEBI (LODR) Regulations, 2015, and asserted that management has not concealed any sensitive information, as evidenced by its track record with BSE Limited.
Key Highlights
- Rexnord clarified no undisclosed price-sensitive information exists.
- Company attributes stock movement to general market volatility.
- Last Board Meeting was February 10, 2026, with full disclosures.
- Rexnord asserts compliance with SEBI (LODR) Regulations.
Price Impact
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