Silicon Rental Solutions Limited has formally responded to the BSE's inquiry regarding significant movement in its share price, stating that no pending price-sensitive information could have contributed to the volatility. The company submitted its clarification on April 6, 2026, in response to BSE's request under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Company's Official Response

In its communication to the BSE SME Platform, Silicon Rental Solutions Limited clarified that there is no pending information or announcement from the company that is price-sensitive and could have led to significant movement in the share price behavior. The company emphasized that the observed price movement is purely market-driven.

Regulatory Compliance Assurance

The company assured the stock exchange that it will continue to maintain transparency and comply with all disclosure requirements. Silicon Rental Solutions Limited stated that it will ensure stock exchanges are duly informed of all information and announcements required to be disclosed under applicable regulations, as and when required.

Corporate Information

The response was digitally signed by Chairman & Managing Director Sanjay Harish Motiani, who holds DIN 07314538. The company maintains multiple office locations across India, including its Mumbai headquarters at Mohini Heights, Khar, a Pune office in Kothrud, and a New Delhi office in Paschim Vihar.

Market Context

The clarification follows BSE's inquiry into unusual price movement in the company's shares, a standard regulatory procedure to ensure market transparency and protect investor interests. Such inquiries are routine when exchanges observe significant price volatility without corresponding corporate announcements or material developments.

Silicon rental solutions Limited has announced the reconstitution of its Audit Committee following a Board of Directors meeting held on March 13, 2026. The decision was taken in compliance with regulatory requirements and became effective immediately.

Regulatory Compliance and Disclosure

The reconstitution was approved pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally communicated this development to BSE SME Platform through an official disclosure, ensuring transparency in corporate governance matters.

New Audit Committee Composition

The reconstituted Audit Committee comprises three members with clearly defined roles and responsibilities:

The committee maintains a balanced composition with two Independent Directors and one Whole Time Director, ensuring appropriate oversight and governance structure.

Corporate Governance Framework

The Audit Committee reconstitution reflects the company's commitment to maintaining robust corporate governance standards. Ashok Kumar Jain will serve as the Chairman of the committee, bringing independent oversight to the company's audit functions. The inclusion of Manish Sehgal as an Independent Director member further strengthens the committee's independence.

Communication and Transparency

Sanjay Harish Motiani, Managing Director with DIN 07314538, signed the official communication to BSE SME Platform. The company has committed to making this information available on its official website at www.silicongroup1.com , ensuring stakeholder access to important corporate developments.

The reconstitution demonstrates Silicon Rental Solutions Limited's adherence to regulatory compliance and its focus on maintaining effective audit oversight through a well-structured committee composition.