Ampvolts Limited has issued a clarification to BSE Limited regarding recent price movements in its shares, responding to an inquiry dated December 18, 2025. The company, formerly known as Quest Softech (India) Limited, provided detailed explanations for the stock movement while reaffirming its commitment to regulatory compliance.

Board Decision on Share Forfeiture

The company highlighted a significant board decision made on November 14, 2025, as the primary disclosed event that could impact share prices. The board approved the forfeiture of shares where call monies remained unpaid beyond stipulated timelines.

Regulatory Compliance Statement

Ampvolts Limited emphasized its adherence to SEBI regulations, specifically Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that it has consistently made all necessary disclosures to stock exchanges within stipulated timelines.

The outcome of the November board meeting, including the notice of forfeiture, was properly disclosed to the stock exchange in accordance with listing regulations and uploaded on the BSE website as required.

Market-Driven Price Movement

Regarding the price movement inquiry, the company clarified that no undisclosed price-sensitive information exists, nor are there any impending announcements or corporate actions requiring disclosure at this time. Key points from the clarification include:

• Share price movements are purely market-driven
• Price changes are attributable to prevailing market conditions
• The company has no control or specific knowledge of market factors driving the movement
• No pending corporate actions require disclosure

Commitment to Transparency

Ampvolts Limited reiterated its commitment to maintaining transparency and regulatory compliance. The company assured that any information or announcements likely to impact share price or trading volume will be promptly disclosed to stock exchanges within prescribed timelines.

The clarification, signed by Mrs. Mittal Kevin Shah, Company Secretary and Compliance Officer, was submitted to BSE Limited on December 19, 2025, addressing the exchange's inquiry comprehensively while maintaining the company's position on regulatory adherence.

AmpVolts Limited announced key board decisions following its meeting held on December 19, 2025, focusing on strengthening its financial governance structure and securing working capital facilities. The board meeting, which lasted 40 minutes from 1:00 p.m. to 1:40 p.m., addressed critical financial management aspects for the company.

Board Committee Formation

The board approved the constitution of a Borrowing Finance Committee with comprehensive delegated powers under Section 179(3)(d), (e), and (f) of the Companies Act, 2013. This committee formation represents a strategic move to streamline the company's borrowing and financial decision-making processes.

Working Capital Facility Approval

The board authorized the availment of working capital facilities from Union Bank of India, demonstrating the company's proactive approach to securing operational funding. Along with this approval, the board designated specific directors and officers to execute necessary documentation and undertake all related procedural requirements.

Regulatory Compliance

The company fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders. The decisions were communicated to BSE Limited, where AmpVolts Limited trades under scrip code 535719.

Corporate Governance Enhancement

These board decisions reflect AmpVolts Limited's commitment to robust corporate governance and financial management. The formation of a specialized borrowing committee and securing of banking facilities position the company for enhanced operational efficiency and financial flexibility in its business operations.