Sainik Finance clarifies on significant share price movement
Sainik Finance & Industries Ltd responded to BSE's query regarding significant movement in its equity share price. The company informed that all necessary disclosures, including price-sensitive information, have been made to BSE as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sainik Finance asserted that there is no undisclosed price-sensitive information or any impending announcement/corporate action that could impact the price or volume behavior of its shares. The company attributed the share price movement purely to market conditions and stated that its management is not connected with such movements. Sainik Finance further assured continued compliance with SEBI (LODR) Regulations, 2015 for future material event disclosures.
Key Highlights
- Sainik Finance clarified on significant share price movement.
- Company confirmed all price-sensitive information has been disclosed.
- No undisclosed information or impending corporate action exists.
- Share price movement is purely due to market conditions.
- Company commits to future timely disclosures as per SEBI.
Price Impact
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