News Stocks Digjam Limited Attributes Share Price Movement to Market Conditions in Exchange ResponseDigjam Limited Attributes Share Price Movement to Market Conditions in Exchange Response
Digjam Limited responded to BSE and NSE queries about recent share price movements on December 17, 2025, stating that fluctuations are purely market-driven. The company confirmed compliance with SEBI LODR Regulations and emphasized that all material information has been disclosed, with no undisclosed events affecting operations.
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Digjam Limited has issued a clarification to stock exchanges BSE and NSE regarding recent movements in its share price, attributing the fluctuations to prevailing market conditions rather than any undisclosed material information.
Company's Response to Exchange Queries
In its communication dated December 17, 2025, the textile company responded to queries from both exchanges seeking clarification on price movements. The company emphasized its consistent compliance with disclosure requirements under SEBI regulations.
| Aspect | Details |
|---|---|
| Communication Date | December 17, 2025 |
| Exchanges Addressed | BSE and NSE |
| BSE Scrip Code | 539979 |
| NSE Symbol | DIGJAMLMTD |
Regulatory Compliance and Disclosure
Digjam Limited stated that it has consistently informed both stock exchanges of all events and information having material impact on its operations and performance. The company confirmed its adherence to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company specifically mentioned that based on its knowledge and understanding, no other event or information requiring disclosure under Regulation 30 of the SEBI LODR Regulations has occurred or remained undisclosed to the stock exchanges.
Market-Driven Price Movement
Regarding the recent price fluctuations, Digjam Limited clarified that the movement in its share price is purely due to market conditions and appears to be market-driven. The company emphasized that neither the company nor its promoters have any control over or knowledge of specific reasons behind these price movements.
Commitment to Transparency
The textile manufacturer reiterated its commitment to regulatory compliance, stating that it will continue to keep stock exchanges duly informed of any information as required under SEBI LODR Regulations whenever such events occur. This reaffirmation demonstrates the company's dedication to maintaining transparency with market participants and regulatory authorities.
The clarification serves to address investor concerns while maintaining the company's position that all material developments have been appropriately disclosed in accordance with regulatory requirements.
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