Modi Rubber Limited has submitted a formal clarification to BSE Limited regarding recent movements in its stock price, confirming that no undisclosed price sensitive information contributed to the trading activity. The company's response addresses inquiries from BSE Surveillance about unusual price movements in its shares.

Regulatory Compliance Confirmation

In its official communication to BSE Surveillance, the company provided comprehensive assurance regarding its compliance with market regulations. The clarification covers two critical aspects of market integrity:

Price Movement Investigation

The clarification was issued in direct response to BSE Surveillance's inquiry about price movements in Modi Rubber Limited's stock. Such inquiries are standard practice by stock exchanges to ensure market integrity and prevent any potential manipulation or insider trading activities.

The company specifically confirmed that no events, information, or developments occurred that would require intimation to the exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates companies to disclose any material information that could impact their operations or performance.

Insider Trading Assurance

A significant aspect of the company's clarification addresses potential insider trading concerns. Modi Rubber Limited explicitly stated that no promoters, directors, or key managerial personnel were involved in the sale or purchase of company shares during the period under scrutiny.

This assurance is particularly important as it addresses one of the primary concerns regulators have when investigating unusual price movements. The involvement of insiders in trading activities during periods of price volatility often raises red flags about potential misuse of material non-public information.

Market Transparency Commitment

The proactive clarification demonstrates Modi Rubber Limited's commitment to maintaining transparency with market participants and regulatory authorities. By promptly responding to BSE Surveillance's inquiry, the company has reinforced its dedication to proper corporate governance and regulatory compliance.

The formal communication was signed by the company's Head of Legal and Company Secretary, indicating the seriousness with which the management treats regulatory inquiries and market transparency requirements.

Modi Rubber Limited , a prominent player in the rubber industry, has released its financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company reported a standalone net loss of Rs 439.17 lacs, marking a significant shift from the profit of Rs 1,353.15 lacs recorded in the same quarter of the previous year.

Key Financial Highlights

The company's total income for the quarter stood at Rs 296.83 lacs, significantly lower than the Rs 2,387.13 lacs reported in the corresponding quarter of the previous year. This represents a substantial decrease of 87.57% year-over-year.

Consolidated Performance

On a consolidated basis, Modi Rubber Limited reported a net profit of Rs 456.15 lacs for the quarter. The total consolidated income reached Rs 1,107.36 lacs, driven by other operating revenue and income from joint ventures and associates.

Segment-wise Performance

The company's financial results indicate varied performance across its business segments:

1. Real Estate Services: This segment reported a loss of Rs 435.95 lacs for the quarter.
2. Travel Services: The travel services segment showed a profit of Rs 188.04 lacs.
3. Others: This category contributed a profit of Rs 19.92 lacs.

Balance Sheet Overview

As of September 30, 2025, Modi Rubber Limited's standalone balance sheet showed:

• Total Assets: Rs 44,017.11 lacs
• Total Equity: Rs 38,243.61 lacs
• Current Liabilities: Rs 2,263.05 lacs

Management Commentary

The company's management has not provided specific comments on the financial performance.

Future Outlook

While the standalone results show a decline, the consolidated profit indicates that Modi Rubber Limited's investments in joint ventures and associates are contributing positively to its overall financial health. The company's diverse business segments may provide opportunities for balanced growth in the coming quarters.

Investors and stakeholders will be watching closely to see how Modi Rubber Limited addresses the current challenges and leverages its strengths across various business segments in the future quarters of FY2026.