Chennai ferrous Industries Limited has issued a clarification to BSE Limited regarding recent significant price movement observed in its securities. The response, dated April 10, 2026, addresses the exchange's surveillance inquiry about unusual trading activity in the company's stock.

Company's Official Response to Price Movement

In its formal reply to BSE's surveillance department, Chennai Ferrous Industries provided a comprehensive explanation for the recent price volatility. The company categorically stated that no undisclosed material events, price-sensitive information, or corporate developments at the company level contributed to the observed stock movement.

Compliance and Disclosure Status

The company emphasized its adherence to regulatory requirements under SEBI regulations. Chennai Ferrous Industries confirmed full compliance with disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management assured that all necessary disclosures have been made to the exchange in a timely manner.

Key compliance highlights include:

• No pending announcements or material information awaiting disclosure
• All material developments disclosed promptly to the exchange
• Continued commitment to regulatory compliance obligations

Market Factors Attribution

The company attributed the observed price movement to external market dynamics rather than company-specific developments. According to the official response, the price volatility appears to result from market-driven factors and general investor sentiment, which remain beyond the company's control and influence.

Forward Commitment

Chennai Ferrous Industries assured stakeholders of its continued commitment to transparency and regulatory compliance. The company pledged to maintain adherence to all applicable listing and disclosure obligations while promising prompt communication of any future material developments to the exchange as they arise.

Chennai ferrous Industries Limited has submitted its quarterly dematerialization confirmation certificate to BSE Limited for the quarter ended March 31, 2026. The filing, made on April 8, 2026, fulfills the company's regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The submission was made pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Balamurugan M signed the communication to BSE, confirming the attachment of the required confirmation certificate.

Registrar Confirmation Certificate

Cameo Corporate Services Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate on April 6, 2026. The certificate validates that all securities received from depository participants for dematerialization during Q4FY26 were properly processed and confirmed to the depositories.

The registrar confirmed several key compliance aspects:

• Securities received for dematerialization were accepted or rejected as appropriate
• All securities comprised in the certificates are listed on stock exchanges where previously issued securities are traded
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the Register of Members as registered owners within the mandated 15-day period

Corporate Information

Chennai Ferrous Industries Limited operates from its registered office and factory located at Survey No. 180 to 183, 190 & 191, Periya Obulapuram Village, Nagaraja Kandigai, Madharpakkam Road, Gummidipoondi, Thiruvallur - 601 201, Tamil Nadu. The company maintains its corporate identification number as L27310TN2010PLC075626.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in the dematerialization process and maintaining accurate records of shareholding patterns.