Ludlow jute & specialities Limited has issued a clarification to BSE Limited regarding recent price movements in its securities, confirming compliance with disclosure requirements under SEBI regulations. The company responded to BSE's inquiry dated April 8th, 2026, addressing concerns about unusual price and volume behavior in its stock.

Regulatory Compliance Confirmation

In its response dated April 9th, 2026, the company categorically stated that it has not withheld any material information or events required to be disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management emphasized that no information has been concealed that could potentially influence the price or volume behavior of the company's securities.

Market-Driven Price Movement

The company attributed the increase in price and volume of its securities to prevailing market conditions, describing the movement as "purely market driven." Management clarified that they are not connected in any way with the price fluctuations, emphasizing the external nature of the factors influencing the stock's performance.

Corporate Communication

The clarification was signed by Company Secretary Neha Jain and submitted to BSE Limited at Phiroze Jeejebhoy Towers, Dalal Street, Mumbai. The response demonstrates the company's commitment to maintaining transparency with stock exchanges and regulatory compliance.

This clarification follows standard market surveillance procedures where exchanges seek explanations for unusual price movements to ensure investor protection and market integrity.

Ludlow Jute & Specialities Limited has completed its quarterly regulatory compliance by submitting the required certificate to BSE Limited for the quarter ended 31st March 2026. The submission, made on 7th April 2026, demonstrates the company's adherence to SEBI regulations governing dematerialization processes.

Regulatory Compliance Submission

The company submitted its compliance certificate in accordance with Regulation 74(5) of the SEBI (Depositories & Participants) Regulations, 2018. This regulatory requirement ensures proper handling and processing of securities received for dematerialization during the specified quarter.

Depository Communications

Ludlow Jute & Specialities Limited sent formal intimations to both major depositories in India regarding securities received for dematerialization. The communications were addressed to:

• National Securities Depositories Ltd. (NSDL) - confirming compliance with dematerialization procedures
• Central Depository Services (India) Ltd. (CDSL) - providing similar confirmation of regulatory adherence

Both communications confirmed that the securities comprised in the certificates have been properly listed on stock exchanges where earlier issued securities were listed, and that certificates have been mutilated and cancelled after due verification within the stipulated 15-day timeframe.

Registrar Confirmation

MCS Share Transfer Agent Limited, serving as the company's Registrar and Share Transfer Agent, provided additional confirmation dated 6th April 2026. The registrar confirmed sending the Demat Transfer Register for the period 1st January 2026 to 31st March 2026 to the depositories and stock exchanges where the company's shares are listed.

Company Information

Ludlow Jute & Specialities Limited operates from its registered office at Kankaria Estate, 5th Floor, 6 Little Russell Street, Kolkata. The company maintains its corporate compliance through proper documentation and timely submissions to regulatory authorities and depositories.

The compliance certificate submission reflects the company's commitment to maintaining transparency and adhering to SEBI regulations governing securities dematerialization processes. All submissions were digitally signed by Company Secretary Neha Jain, ensuring authenticity and proper authorization of the regulatory communications.