OKPlay India Limited has responded to a BSE inquiry regarding recent movements in its share price, clarifying that any fluctuations are purely market-driven and not influenced by undisclosed company-specific information. The company issued this clarification on December 20, 2025, in response to BSE's surveillance query regarding significant movement in the equity shares.

Company's Official Response

In its communication to BSE Limited, OKPlay India categorically stated that there is no pending information or announcement that is required to be disclosed to the Stock Exchange which may have a bearing on the price movement of the company's shares. The management emphasized that the share price movement is attributable to market conditions and investor perception rather than any company-specific developments.

Regulatory Compliance Confirmation

The company confirmed its adherence to regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. OKPlay India specifically mentioned that it has been regularly complying with all disclosure requirements under Regulation 30 of the SEBI listing regulations and has not withheld any material information.

The clarification was digitally signed by Yaspal Singh, Company Secretary, from the company's corporate office in New Delhi. This type of regulatory response is standard practice when stock exchanges seek explanations for unusual price movements or trading volumes in listed securities.

Market-Driven Price Movement

The company's stance that price movements are market-driven suggests that external factors such as overall market sentiment, sector performance, or broader economic conditions may be influencing the stock's behavior. Such clarifications help maintain transparency and ensure that investors have accurate information about factors affecting share price movements.

OKPlay India Limited, operating in the plastic products sector with its registered office in Haryana and corporate office in New Delhi, maintains its commitment to regulatory compliance and transparent communication with stakeholders.

LGB Forge Limited , a manufacturer of forged and machined components, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025, revealing a mixed performance.

Revenue and Profitability

The company reported a decline in revenue for Q2 FY2026 but showed improvement in half-yearly figures:

The company's revenue from operations in Q2 FY2026 decreased by 5.82% quarter-on-quarter (QoQ) to Rs. 2,603.42 lakhs from Rs. 2,764.21 lakhs in Q1 FY2026. However, it showed an 11.36% year-on-year (YoY) increase compared to Rs. 2,337.88 lakhs in Q2 FY2025.

For the half-year ended September 30, 2025, LGB Forge's revenue from operations stood at Rs. 5,367.63 lakhs, marking a 7.55% increase from Rs. 4,990.88 lakhs in the corresponding period of the previous year.

Profitability and Expenses

The company reported a loss before tax of Rs. 72.65 lakhs in Q2 FY2026, contrasting with a profit of Rs. 88.12 lakhs in the previous quarter. However, the half-yearly results showed a profit before tax of Rs. 15.47 lakhs, an improvement from a loss of Rs. 39.25 lakhs in H1 FY2025.

Key expense items for Q2 FY2026 included:

• Cost of materials consumed: Rs. 1,100.98 lakhs
• Employee benefits expense: Rs. 607.96 lakhs
• Finance costs: Rs. 68.03 lakhs
• Depreciation and amortization expense: Rs. 86.76 lakhs
• Other expenses: Rs. 893.74 lakhs

Balance Sheet and Cash Flow

The company's balance sheet as of September 30, 2025, showed a paid-up equity share capital of Rs. 2,382.02 lakhs. The cash flow statement for the half-year ended September 30, 2025, revealed:

• Net cash generated from operating activities: Rs. 266.15 lakhs
• Net cash used in investing activities: Rs. 29.94 lakhs
• Net cash used in financing activities: Rs. 296.03 lakhs

Management Commentary and Outlook

The Board of Directors, in their meeting held on November 10, 2025, approved these unaudited financial results. The company operates in the business of manufacturing forged and machined components, with only one reportable segment in accordance with Ind AS 108.

Auditor's Review

The statutory auditors, N.R. Doraiswami & Co., Chartered Accountants, have conducted a limited review of the financial results and expressed an unmodified opinion on the financial statements.

LGB Forge Limited continues to navigate through market challenges while focusing on its core business of manufacturing forged and machined components. The company's ability to improve its half-yearly performance despite a challenging quarter demonstrates its resilience in the face of market fluctuations.