BGIL Films & Technologies Limited has submitted a formal clarification to BSE Limited addressing concerns about significant movement in its share price. The clarification, dated April 8, 2026, was issued in response to BSE's inquiry dated April 7, 2026, seeking explanation for unusual price fluctuations in the company's scrip.

Company's Position on Price Movement

The company management expressed equal concern about the price fluctuations and confirmed that their internal observations and available data revealed no unusual activity or information that could justify the price movement. The management emphasized that the current share price movement is purely market-driven and results from prevailing market conditions.

Regulatory Compliance and Transparency

BGIL Films & Technologies reaffirmed its commitment to regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company highlighted several key aspects of its compliance framework:

• Consistent adherence to SEBI LODR Regulations 2015
• Prompt disclosure of all events affecting operations or performance
• No pending announcements or speculative information
• Commitment to transparency under Regulation 30 requirements

Previously Disclosed Information

The company clarified that the only unpublished price-sensitive information relates to a proposed expansion plan scheduled for September/October 2025. This expansion plan was previously disclosed to BSE through proper channels, including board meeting outcomes and annual general meeting proceedings, ensuring full regulatory compliance.

Management Assurance

The clarification was signed by Akhileshwar Singh, Company Secretary, who reiterated the company's commitment to keep stock exchanges informed of any material information as required under regulatory frameworks. The management assured continued vigilance and monitoring of market developments while maintaining transparency with stakeholders and regulatory authorities.

BGIL Films & Technologies Limited has issued a clarification to the Bombay Stock Exchange (BSE) regarding a recent filing that was inadvertently submitted under an incorrect category. The company addressed concerns about an additional information filing made on December 16, 2025, emphasizing that it does not constitute any change in management structure.

Filing Details and Background

The clarification pertains to additional information about Mr. Prem Kumar Sitaram Mahato, an Independent Director of the company who was appointed on September 5, 2025. The company received a BSE email dated December 15, 2025, requesting the re-submission of additional information about the aforementioned director.

Submission Error and Clarification

While complying with BSE directions, the company submitted the additional information through the listing center but acknowledged that the submission was made through the wrong tab under the sub-head 'Change in Management.' This categorization error led to potential confusion about the nature of the filing.

The company has explicitly clarified that this additional filing does not constitute any change in management. It represents merely an additional submission made in accordance with BSE guidelines as requested by the exchange. The filing was procedural in nature and related to providing supplementary information about an existing director rather than announcing any management restructuring.

Regulatory Compliance

The clarification was issued under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested BSE to take note of the clarification and place it on record to avoid any misinterpretation regarding the company's management structure.

This incident highlights the importance of accurate categorization when submitting regulatory filings and demonstrates the company's commitment to maintaining transparency with stakeholders about the true nature of its submissions to stock exchanges.