Minal Industries Limited has responded to an inquiry from the Department of Corporate Service at BSE Limited regarding a significant upward movement in its equity share price. The company stated that it has consistently made timely disclosures and confirmed that there is no pending or impending announcement, corporate action, or unpublished price-sensitive information that could be influencing the share price. Minal Industries attributes the recent price movement to market-driven factors beyond its direct control.
Exchange Inquiry on Share Price Surge Addressed
Minal Industries Limited has issued a clarification to the Department of Corporate Service (DCS – CRD) at BSE Limited concerning a notable increase in its equity share price. The company’s response, dated August 24, 2026, addresses an email from the exchange referencing a significant upward movement in the company’s securities across the exchanges.
Commitment to Disclosure and Transparency
In its communication, Minal Industries reiterated its adherence to regulatory requirements, stating that the company has consistently made timely and appropriate disclosures of all material events, information, and corporate announcements in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This reflects the company’s commitment to transparency with its stakeholders and the stock exchanges.
No Undisclosed Price-Sensitive Information
The company explicitly confirmed that, as of the date of the letter, there is no pending or impending announcement, corporate action, or unpublished price-sensitive information (UPSI) with the management that, in its opinion, could be impacting the price behaviour of its securities. Minal Industries assured the exchange that the recent movement in its share price is market-driven and falls outside the company’s direct control.
Forward-Looking Compliance
Minal Industries reaffirmed its commitment to transparency and compliance with applicable SEBI LODR Regulations. The company stated its intention to continue making necessary disclosures to the Stock Exchanges promptly as and when any material event or information arises that requires disclosure under the regulations.
Source: BSE
