StockWatch
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Residential- Commercial Projects
Clarification23 Apr 2026, 01:16 pm

Thakkers Developers clarifies share price movement is market-driven

AI Summary

Thakkers Developers Ltd responded to a BSE inquiry dated April 22, 2026, regarding unusual share price movement. The company affirmed its strict compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and stated that it promptly discloses all material events and information. Thakkers Developers clarified that it is unaware of any specific reason or information causing the sudden movement in its share price, attributing it purely to market-driven factors and prevailing market conditions. The management explicitly stated it is not connected with such price movements and reiterated its commitment to timely disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015.

Key Highlights

  • Company responded to BSE query on share price movement.
  • Affirmed compliance with SEBI LODR Regulations, 2015.
  • Unaware of specific reasons for the sudden price change.
  • Attributes share price movement to market forces and conditions.
  • Management states no connection to share price fluctuations.