Mukat Pipes Limited Responds to BSE Clarification on Share Price Movement
Mukat Pipes Limited responded to BSE's clarification request on January 20, 2026, regarding significant share price movement. The company confirmed compliance with SEBI LODR Regulations and stated no undisclosed price-sensitive information exists. Management attributed the price movement to market-driven factors beyond company control and assured continued regulatory compliance.
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Mukat Pipes Limited has issued a formal response to BSE Limited regarding a clarification request concerning significant movement in the company's share price on January 20, 2026. The response, signed by Chairman and Whole-Time Director Roopinder Singh, addresses regulatory compliance and market dynamics affecting the stock.
Regulatory Compliance Statement
The company emphasized its adherence to SEBI (LODR) Regulations, 2015, stating that it has been promptly informating stock exchanges of all events and information that may impact company operations or performance. This includes timely disclosure of price-sensitive information as required by regulatory frameworks.
| Parameter: | Details |
|---|---|
| Stock Code: | 523832 |
| Regulation: | SEBI (LODR) Regulations, 2015 |
| Response Date: | January 20, 2026 |
| Signatory: | Roopinder Singh, Chairman & Whole-Time Director |
No Undisclosed Information
Mukat Pipes Limited clarified that there is no undisclosed or price-sensitive information pending disclosure to stock exchanges. The company stated that no impending announcements or corporate actions exist that could influence price or volume behavior in the company's scrip. This declaration aims to address market speculation regarding potential undisclosed developments.
Market-Driven Movement
The management attributed the share price movement to purely market-driven factors and prevailing market conditions. The company emphasized that it has neither control over nor knowledge of specific reasons behind the price movement, indicating that external market forces rather than company-specific developments drove the stock's performance.
Continued Compliance Assurance
The company provided assurance regarding future compliance with disclosure requirements. Management committed to continue promptly informing exchanges of all material events, information, and actions as mandated under SEBI (LODR) Regulations. This commitment reinforces the company's dedication to maintaining transparency with stakeholders and regulatory bodies.
The response demonstrates Mukat Pipes Limited's proactive approach to regulatory communication and its commitment to maintaining market transparency while addressing investor concerns about unusual share price movements.
Historical Stock Returns for Mukat Pipes
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +9.92% | +67.09% | +62.60% | +37.70% | +19.10% | +1,030.81% |
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