Deep Diamond India Limited has issued a clarification to the Bombay Stock Exchange (BSE) regarding unauthorized promotional videos circulating on social media platforms. The company has emphatically denied any involvement in the creation or distribution of these materials, which have been shared on platforms such as Telegram and YouTube.

Key Points of Clarification

• No Involvement: Deep Diamond India stated it has no knowledge, connection, or involvement in the creation, publication, or circulation of the promotional videos or messages.
• Factual Inaccuracies: While some financial details in the videos were sourced from official stock exchange filings, the company pointed out that certain claims, such as being debt-free and having ₹200 crore FII holding, are factually incorrect.
• Acquisition Details: The company clarified that its acquisition of Oasis Ceramics Private Limited is through the Corporate Insolvency Resolution Process (CIRP), as per the NCLT order dated March 24, 2025.
• Unauthorized Promotions: Deep Diamond emphasized that it has not authorized any third party or influencer to create promotional content on its behalf.
• Regulatory Compliance: The company affirmed its commitment to full compliance with SEBI regulations, communicating material information only through official channels.

Official Statement

In its official communication to the BSE, Deep Diamond India Limited stated:

"The Company has not authorized, endorsed, or communicated any of the claims, statements, or projections mentioned in the said videos or posts, including references to acquisitions, business expansion, or investment participation."

Importance of Due Diligence

This incident underscores the importance of investor due diligence and the need to rely on official company communications and regulatory filings for accurate information. Investors are advised to be cautious of unauthorized promotional materials circulating on social media platforms and to verify information through official sources.

Deep Diamond India Limited reiterates its commitment to transparency and investor protection, emphasizing that all material developments are communicated solely through official stock exchange filings and the company's website.

Deep Diamond India Limited has recently experienced a reduction in stake by India Fast Forward Advisory Services Private Limited through a series of stock exchange transactions. The sale, which took place between October 14, 2025, and October 24, 2025, involved 13,93,859 equity shares, representing 0.97% of Deep Diamond India's total issued and paid-up equity share capital.

Transaction Details

Impact on Shareholding

Following the transaction, India Fast Forward Advisory Services' holding in Deep Diamond India Limited has decreased. The company now holds 66,06,141 shares after the sale.

Regulatory Compliance

The disclosure of this transaction was made in accordance with the Securities and Exchange Board of India (SEBI) regulations for substantial acquisition of shares and takeovers. This transparency ensures that all stakeholders are informed about significant changes in shareholding patterns of listed companies.

Market Implications

While the sale represents a relatively small percentage of Deep Diamond India's total shares, it may be of interest to market watchers and investors. Such transactions by significant shareholders can sometimes influence market sentiment or signal changing perspectives on a company's outlook.

It's important to note that this transaction does not necessarily reflect on Deep Diamond India's performance or future prospects. Investors and analysts may want to consider this development alongside other financial and market indicators when evaluating the company.

Stakeholders are advised to conduct their own research and consider multiple factors when making investment decisions.