StockWatch
·
Non Banking Financial Company (NBFC)
Clarification23 Oct 2026, 04:40 pm

Rita Finance Clarifies Share Price Movement

AI Summary

Rita Finance and Leasing Limited has responded to the stock exchange's query regarding a significant movement in its share price. The company confirmed its compliance with all exchange regulations and stated that the share price is determined by market forces of supply and demand, which are beyond its control. Rita Finance assured investors of its commitment to transparency, good corporate governance, and providing timely information.

Key Highlights

  • Company clarifies share price movement as requested by the exchange.
  • Confirms compliance with all exchange regulations.
  • States share price is driven by market forces, beyond company control.
  • Reiterates commitment to transparency and good corporate governance.