KRN Heat Exchanger and Refrigeration Limited issued a formal clarification on February 25, 2026, in response to an exchange query regarding a significant movement in its equity share price. The company stated that the volatility is purely market driven. KRN confirmed that it has adhered to all necessary disclosure requirements and currently holds no undisclosed, price-sensitive information that could influence the stock’s current trading behavior.
Official Response to Exchange Query
KRN Heat Exchanger and Refrigeration Limited addressed a formal query received from the BSE dated February 25, 2026, concerning a notable increase in the trading price of the company’s equity shares. The communication served to provide an official clarification to the exchange authorities.
Market-Driven Fluctuation Confirmed
The management explicitly stated that the observed significant movement in the share price is purely market driven. The company assured stakeholders that no internal factors or pending announcements are fueling the current price action. The date of this clarification is officially recorded as February 25, 2026.
Compliance Status
KRN Heat Exchanger confirmed that it has completed all requisite disclosures and announcements as mandated by prevailing regulations. Furthermore, the company verified that there is currently no unpublished price-sensitive information pending disclosure that could potentially have a bearing on the scrip’s price or trading volume behavior.
Company Authorization
The communication was authorized and signed by Jitendra Kumar Sharma, the Company Secretary, confirming the organization’s commitment to transparency and timely reporting.
Source: BSE
