CNI RESEARCH LTD. - Reply To Clarification Sought On Price Movemen

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08 May 2023
With reference to your clarification dated 05.05.2023 on price movement in this regard, we wish to inform you that the company has made all necessary disclosures pursuant to SEBI (Listing Obligations and disclosure Requirement) Regulations, 2015 (the 'Listing Regulations'). There is no undisclosed/price - sensitive information or any impending announcement / corporate actions which needs to be informed to the Exchanges at this point of time. We hereby further submit that we are not aware of the reason for the significant movement in the price of our shares. The movement in the share price is purely market - driven and may be a combinations of various factors including market conditions. The management of the company is in no way connected with the movement in the price of the shares. We hope the above clarifies and request you to kindly take the same on your records.
View all announcements for CNI RESEARCH LTD.	Source: BSE India

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