Svaraj Trading & Agencies Limited has issued a formal clarification to BSE Limited regarding recent price movement in its shares, responding to an exchange inquiry under SEBI Listing Regulations. The company addressed concerns about significant share price fluctuations through an official communication dated March 12, 2026.

Response to BSE Inquiry

The clarification came in response to BSE's communication dated March 11, 2026, with reference number L/SURV/ONL/PV/SJ/2025-2026/3423, which sought explanations for the price movement. The company emphasized its consistent track record of timely disclosure of material information that could impact operations or performance.

Management's Position on Price Movement

The company's management stated that it is not aware of any specific reason for the significant movement in share prices. According to the clarification, the price fluctuations are purely market-driven and may result from a combination of various factors, including prevailing market conditions. The management emphasized that it has no connection with the share price movements.

Compliance and Disclosure Commitments

Svaraj Trading and Agencies Limited reiterated its commitment to regulatory compliance, stating that the company has always disclosed material information in accordance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company assured stakeholders of its continued adherence to all applicable listing regulations and legal requirements.

Corporate Communication Details

The clarification was signed by Vandana Joshi, Company Secretary and Compliance Officer (Membership No. A55495), and submitted to BSE's Corporate Relationship Department. The company maintains its registered office in Mumbai and operates under CIN L51100MH1980PLC022315.

Svaraj Trading & Agencies Limited has officially informed BSE Limited about the demise of Mr. Shankar Das Vairagi, one of the company's promoters, who passed away on February 26, 2026. The company filed this intimation on February 27, 2026, ensuring compliance with regulatory requirements.

Regulatory Compliance and Impact

The intimation was filed pursuant to Regulation 30 and Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Following Mr. Vairagi's demise, he ceased to be part of the promoter and promoter group of the company with effect from February 26, 2026, in accordance with the provisions of Regulation 31A(6)(C) of the SEBI Listing Regulations.

Company Information

Svaraj Trading and Agencies Limited is incorporated with CIN L51100MH1980PLC022315 and maintains its registered office at Office No. 30, 2nd Floor 380/82 Amruteshwar CHSL, Jagannath Sunkersett Road, Mumbai, Maharashtra. The intimation was signed by Vandana Ramesh Joshi, Company Secretary and Compliance Officer, who holds membership number 55495.

Documentation and Filing

The formal intimation was digitally signed and submitted to BSE Limited's Corporate Relationship Department. The company ensured timely compliance by filing the notification within one day of the incident, demonstrating adherence to regulatory timelines and transparency requirements under SEBI Listing Regulations.