NDA Securities Clarifies Share Price Movement Following EGM Notice for Capital Restructuring
NDA Securities responded to BSE's inquiry about significant share price movement. The company attributed the volatility to its EGM notice, which includes plans to increase authorized share capital from ₹15 crore to ₹100 crore, alter the Memorandum of Association, and expand business objects. NDA Securities confirmed no other unpublished price-sensitive information exists and reaffirmed its commitment to regulatory compliance.

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NDA Securities Limited has responded to a surveillance inquiry from BSE regarding significant movement in its equity share price, providing clarification on potential factors behind the price volatility.
BSE Surveillance Response
The company received a letter from BSE's Surveillance Department seeking clarification on the notable price movement in its equity shares. In its formal response, NDA Securities emphasized its commitment to timely disclosure of all material events and information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Corporate Actions Behind Price Movement
The company identified its Extra-Ordinary General Meeting (EGM) notice as the primary factor that may have influenced market sentiment and share price movement. The EGM notice contains two significant agenda items that could be construed by the market as material developments:
| Agenda Item | Details |
|---|---|
| Capital Restructuring | Increase in Authorized Share Capital from ₹15.00 crore to ₹100.00 crore |
| Constitutional Changes | Consequential alteration of the Capital Clause of Memorandum of Association |
| Business Expansion | Alteration of Object Clause by addition of new business objects |
Regulatory Compliance Confirmation
NDA Securities confirmed that apart from the already disclosed EGM notice, there is no other unpublished price-sensitive information (UPSI) or pending announcements that could have bearing on the price movement of the company's securities. The company secretary, Shalini Chauhan (ACS-71998), digitally signed the clarification document, reaffirming the company's adherence to regulatory disclosure requirements.
Ongoing Disclosure Commitments
The company assured stakeholders that it will continue to comply with all applicable disclosure requirements and will promptly inform the stock exchanges of any material events or information as and when required under SEBI regulations. This commitment underscores the company's focus on maintaining transparency with investors and regulatory authorities.
The clarification demonstrates NDA Securities' proactive approach to addressing market concerns while ensuring full compliance with regulatory frameworks governing listed companies in India.
Historical Stock Returns for NDA Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.86% | +37.33% | -6.20% | -34.84% | +5.77% | +526.73% |






























