Megri Soft Limited Clarifies Share Price Movement to BSE Under Regulation 30
Megri Soft Limited clarified to BSE on April 10, 2026, that significant share price movements are purely market-driven with no undisclosed material information under SEBI Regulation 30. The company responded to BSE's inquiry dated April 9, 2026, emphasizing that management has no control over market-driven price fluctuations and reaffirmed continued compliance with disclosure requirements.

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Megri Soft Limited has issued a clarification to BSE Limited regarding significant movement in its equity share price, stating that the fluctuations are purely market-driven and not related to any undisclosed material information.
BSE Inquiry and Company Response
The clarification came in response to BSE's email dated April 9, 2026, which sought explanation for the significant price movement in the company's equity shares. The exchange inquiry was made under reference number L/SURV/ONL/PV/APJ/2026-2027/3599.
| Parameter | Details |
|---|---|
| Date of Clarification | April 10, 2026 |
| BSE Inquiry Date | April 9, 2026 |
| Reference Number | L/SURV/ONL/PV/APJ/2026-2027/3599 |
| Signatory | Saloni Garg, Company Secretary |
Company's Position on Price Movement
Megri Soft Limited categorically stated that there is no information or announcement required to be disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, that could have influenced the share price movement. The company emphasized that the price fluctuations are purely market-driven and result from market conditions over which the management has neither control nor knowledge.
The management clarified that it is not connected with the movement in share prices and that such fluctuations are beyond their influence or understanding.
Regulatory Compliance Assurance
The company reaffirmed its commitment to regulatory compliance by stating that it has been regularly disseminating all unpublished price-sensitive information in accordance with Regulation 30 of the Listing Regulations. Megri Soft assured BSE of continued adherence to disclosure requirements under SEBI regulations.
Corporate Details
The clarification was signed by Saloni Garg, Company Secretary and Compliance Officer, bearing membership number A33867. The document was digitally signed on April 10, 2026, at 11:47:00 +05'30' from the company's Chandigarh office located at SCO 80 Sector 47-D.
Historical Stock Returns for Megri Soft
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.41% | +0.50% | +10.39% | -18.27% | -38.41% | +120.78% |
Will BSE conduct further surveillance or investigation into Megri Soft's trading patterns following this clarification?
How might this price volatility and exchange inquiry affect institutional investor confidence in Megri Soft's stock?
Could this incident prompt SEBI to review or strengthen disclosure requirements for companies experiencing unusual price movements?































