Megri Soft Limited Clarifies Share Price Movement to BSE Under Regulation 30

1 min read     Updated on 10 Apr 2026, 05:22 PM
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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The company reaffirmed its commitment to regulatory compliance by stating that it has been regularly disseminating all unpublished price-sensitive information in accordance with Regulation 30 of the Listing Regulations.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 Day5 Days1 Month6 Months1 Year5 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?

Megri Soft Limited Confirms Non-Applicability of SEBI Deviation Statement for Q4 FY26

1 min read     Updated on 10 Apr 2026, 05:49 AM
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AI Summary

Megri Soft Limited notified stock exchanges that SEBI Regulation 32(1) Statement of Deviation or Variation is not applicable for Q4 FY26 as the company did not raise funds through Public Issue, Rights Issue, Preferential Issue, or QIP during the quarter. Company Secretary Saloni Garg filed the compliance notification on 9th April 2026, fulfilling regulatory disclosure requirements.

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Megri soft Limited has notified stock exchanges that the Statement of Deviation or Variation under SEBI Regulation 32(1) is not applicable for the quarter ended 31st March 2026. The company confirmed it did not raise any funds through various public offerings during the period.

Regulatory Compliance Notification

The company filed its compliance notification with BSE Limited and Metropolitan Stock Exchange of India Limited on 9th April 2026. The notification specifically addresses requirements under Regulation 32(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Quarter Period: Ended 31st March 2026
Filing Date: 9th April 2026
Regulation: SEBI Regulation 32(1)
Statement Status: Not Applicable

Fund Raising Activities

Megri Soft Limited confirmed that during the quarter ended 31st March 2026, the company did not undertake any fund raising activities through:

  • Public Issue
  • Rights Issue
  • Preferential Issue
  • Qualified Institutional Placement (QIP)

Due to the absence of such fund raising activities, the mandatory Statement of Deviation or Variation disclosure requirement does not apply to the company for this quarter.

Company Information

The notification was signed by Company Secretary and Compliance Officer Saloni Garg (Membership No.: A33867) from the company's Chandigarh office. Megri Soft Limited is incorporated under CIN: L72200CH1992PLC011996 and trades on BSE with scrip code 539012 and on Metropolitan Stock Exchange with symbol MEGRISOFT.

This regulatory filing ensures compliance with SEBI's disclosure requirements and keeps investors informed about the company's fund raising status during the specified quarter.

Historical Stock Returns for Megri Soft

1 Day5 Days1 Month6 Months1 Year5 Years
-3.41%+0.50%+10.39%-18.27%-38.41%+120.78%

What are Megri Soft's strategic plans for capital raising in the upcoming quarters of FY2027?

How might the company's decision to avoid external funding impact its growth trajectory and expansion plans?

Will Megri Soft consider alternative financing methods like debt or private placements for future capital requirements?

More News on Megri Soft

1 Year Returns:-38.41%