Odigma Consultancy Solutions Responds to Stock Exchange Clarification on Share Price Movement

1 min read     Updated on 14 Apr 2026, 01:37 PM
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Odigma Consultancy Solutions Limited responded to BSE and NSE clarification requests regarding share price movements on April 14, 2026. The company stated that all required disclosures have been made under SEBI Listing Regulations and attributed price movements to market conditions beyond its control. The company reaffirmed its commitment to transparency and corporate governance standards.

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Odigma Consultancy Solutions Limited has formally responded to clarification requests from both BSE and NSE regarding recent movements in its share price. The company addressed queries raised by the stock exchanges through official communications dated April 13, 2026.

Company's Official Response

In its reply dated April 14, 2026, the company clarified its position on the share price movements through a comprehensive response to both exchanges:

Exchange: Communication Details
BSE Limited: Email dated April 13, 2026 bearing No. L/SURV/ONL/PV/APJ/ 2026-2027 / 3715
NSE Limited: Email and letter dated April 13, 2026 bearing No. NSE/CM/Surveillance/16820

Regulatory Compliance Statement

Odigma Consultancy Solutions emphasized that all necessary disclosures, including price-sensitive information, have been made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that these disclosures have been made within the stipulated time periods prescribed under the Listing Regulations.

The company attributed the share price movements to market conditions, stating that such movements are market-driven and beyond the company's control or knowledge. This response indicates that no specific corporate developments or undisclosed information contributed to the price volatility.

Corporate Governance Commitment

The company reaffirmed its commitment to maintaining high standards of corporate governance and transparency. Key commitments outlined in the response include:

  • Prompt dissemination of all announcements and price-sensitive information
  • Simultaneous availability of information on the company website for shareholders
  • Full compliance with Listing Regulations obligations
  • Upholding highest standards of corporate governance

Company Leadership

The response was signed by Prachi Jain, Company Secretary & Compliance Officer, demonstrating the company's formal approach to regulatory communications. The response was digitally signed on April 14, 2026, ensuring authenticity and compliance with digital documentation requirements.

The company requested both exchanges to consider this response as compliance under applicable Listing Regulations, formally closing the clarification process initiated by the stock exchanges.

Historical Stock Returns for Odigma Consultancy Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.39%-9.36%+29.81%-32.89%-30.98%-80.36%

Will Odigma Consultancy Solutions implement additional investor communication measures to prevent future stock exchange inquiries about price volatility?

How might this regulatory scrutiny affect institutional investor confidence in Odigma's stock in the coming quarters?

What specific market conditions or sector trends could be driving the unusual price movements in consultancy stocks like Odigma?

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Odigma Consultancy Solutions Submits Q4FY26 Compliance Certificate Under SEBI Regulations

1 min read     Updated on 09 Apr 2026, 02:29 AM
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AI Summary

Odigma Consultancy Solutions Limited submitted its Q4FY26 confirmation certificate under SEBI Regulation 74(5) on April 08, 2026. The certificate, provided by RTA Alankit Assignments Limited, confirms no physical share holdings exist in the company for the quarter ended March 31, 2026. This filing demonstrates regulatory compliance and complete share dematerialization status.

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Odigma Consultancy Solutions Limited has fulfilled its regulatory obligations by submitting the confirmation certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the certificate to both BSE Limited and National Stock Exchange of India Limited on April 08, 2026. The filing was signed by Prachi Jain, Company Secretary & Compliance Officer, ensuring proper authorization and compliance with regulatory requirements.

Parameter: Details
Quarter: Q4FY26 (ended March 31, 2026)
Filing Date: April 08, 2026
Regulation: SEBI (Depositories & Participants) Regulations, 2018 - Section 74(5)
Authorized Signatory: Prachi Jain, Company Secretary & Compliance Officer

RTA Confirmation

Alankit Assignments Limited, serving as the company's Registrar and Transfer Agent, provided the confirmation certificate. The RTA confirmed that there are no holdings of shares in physical form in the company for the quarter ended March 31, 2026. This confirmation was signed by Kamal Garg, General Manager at Alankit Assignments Limited.

Share Dematerialization Status

The certificate confirms complete dematerialization of the company's shares, with no physical share certificates outstanding during the quarter. This status indicates full compliance with modern securities trading requirements and regulatory expectations for listed companies.

Filing Distribution

The regulatory filing was distributed to multiple stakeholders including:

  • BSE Limited (Company Code: 544301)
  • National Stock Exchange of India Limited (Symbol: ODIGMA)
  • Central Depository Services (India) Limited
  • National Securities Depository Limited

This comprehensive distribution ensures all relevant regulatory bodies and depositories are informed of the company's compliance status for the quarter ended March 31, 2026.

Historical Stock Returns for Odigma Consultancy Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.39%-9.36%+29.81%-32.89%-30.98%-80.36%

Will SEBI introduce stricter penalties for companies that fail to maintain complete dematerialization in upcoming regulatory amendments?

How might Odigma's consistent regulatory compliance impact its eligibility for inclusion in ESG-focused investment indices?

Could this compliance track record position Odigma favorably for potential institutional investor interest in FY27?

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1 Year Returns:-30.98%