BANG OVERSEAS LTD. - 532946 - Reply To The Clarification Sought From The Company Regarding Significant Movement In Price
This is in response to your NSE Email dated Dec14,2021 &BSE email dated Dec15,2021 as stated above, we would like to clarify that the Company has been regularly sharing all information/announcements that may have a bearing on the operation/performance including all price sensitive information with the Exchange(s). We further state that there is no pending information or announcement relating to UPSI available with the Company at present or any other event which may have a bearing on its operation/performance With respect to price and volume movement, we are of the opinion that the spurt in price is due to demand/supply in the market. The Company reiterates its adherence to the requirements laid down under Reg30 of the SEBI(LODR) Reg and we will keep the Exchange(s) duly informed of any information as required under the said regulations as and when any such event occurs. We hope the above clarifies and request you to kindly take the same on your records and acknowledge receipt.15-12-2021