PlatinumOne Business Services Limited has issued a clarification to BSE regarding recent price movement in its scrip, reaffirming its compliance with regulatory disclosure requirements. The company responded to BSE's surveillance inquiry dated April 2nd, 2026, addressing concerns about significant volatility in its share price.

Regulatory Compliance Statement

The company emphasized its full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. PlatinumOne stated it has been promptly disclosing all material information, events, and announcements that could impact its operations or performance to the stock exchange.

Reasons for Price Movement

The management clarified that no undisclosed material information exists that could explain the observed price volatility. Instead, the company attributed the share price movement to several market-related factors:

• Year-end portfolio adjustments and tax-related considerations by shareholders
• Overall stock market volatility due to global geopolitical developments
• Low liquidity in the company's scrip as an SME-listed entity, resulting in higher price volatility even at lower trading volumes

Company's Position

PlatinumOne Business Services reiterated that it has no control over market-driven price movements. The company reaffirmed its commitment to maintaining transparency and ensuring timely disclosure in compliance with all applicable regulatory requirements. Managing Director Amey Saxena signed the clarification, emphasizing the company's dedication to regulatory compliance and investor transparency.

PlatinumOne Business Services Limited has announced the appointment of Ms. Jayalakshmi Jairam as an Independent Director, strengthening its board composition with experienced leadership. The appointment follows the company's board meeting outcome submitted on February 7, 2026.

Board Appointment Details

The company's Board of Directors, based on recommendations from the Nomination and Remuneration Committee, has approved the appointment of Ms. Jayalakshmi Jairam as a Non-Executive Independent Director. The appointment is subject to shareholder approval at the forthcoming General Meeting.

Professional Background

Ms. Jayalakshmi Jairam brings substantial corporate expertise to the board, with over 27 years of professional experience spanning multiple business functions and industry sectors. Her extensive background encompasses:

• Finance and treasury management
• Strategic planning and business operations
• Manufacturing management across diverse sectors
• Leadership positions in API manufacturing
• Experience in specialty chemicals manufacturing
• Operations in the textiles industry

Regulatory Compliance

The appointment notification was filed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Ms. Jairam is not related to any existing directors, ensuring compliance with independence requirements.

The disclosure includes all mandatory details as required under Regulation 30(6) read with Para A(7) & (7C) of Part A of Schedule III of the SEBI Listing Regulations and SEBI Master Circular dated November 11, 2024.

Corporate Governance Enhancement

This appointment represents PlatinumOne Business Services' continued commitment to strengthening its corporate governance framework through the addition of experienced independent directors. The 5-year term provides stability and continuity for strategic oversight and governance functions.