Palm Jewels Limited Clarifies Share Price Movement to BSE, Cites Market-Driven Factors

Palm Jewels Limited has issued a clarification to BSE regarding recent movements in its share price, stating that the fluctuations are purely market-driven with no underlying price-sensitive developments from the company.

Company Response to BSE Inquiry

In a formal communication dated January 16, 2026, Palm Jewels Limited responded to BSE's clarification request under Regulation 30(10) of SEBI (LODR) Regulations, 2015. The company's Managing Director, Rohit Dalpatbhai Shah, signed the response addressing concerns about significant price movements in the company's shares.

Key Clarifications Provided

The company made several important clarifications in its response to the stock exchange:

• No pending price-sensitive information or announcements that could have influenced share price behavior
• Share price movements are attributed to market forces rather than company-specific developments
• Commitment to timely disclosure of all material information as required under applicable regulations
• Assurance of continued compliance with stock exchange disclosure requirements

Regulatory Compliance Statement

Palm Jewels Limited emphasized its commitment to regulatory compliance, stating that the company will ensure the stock exchange is duly informed of all information and announcements required to be disclosed under applicable regulations. The company reiterated that such disclosures will be made as and when required, maintaining transparency with market participants.

Company Background

Palm Jewels Limited operates in the diamond, gems and jewellery sector with its registered office located in Ahmedabad, Gujarat. The company maintains its corporate website at www.palmjewelsltd.com and can be contacted through compliance.pjl@gmail.com for investor-related queries.