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Vaswani Industries Addresses Stock Price Surge, Cites Market Conditions

Raipur, India (July 16, 2024): Vaswani Industries Limited, a power, sponge iron, and steel company, responded to the National Stock Exchange of India (NSE) regarding the recent spike in its share price. In a statement, the company clarified that there are no undisclosed events or information that could have contributed to the price movement.

Vaswani Industries attributes the surge to general market conditions and other related factors. The company emphasized its commitment to adhering to Regulation 30 and other applicable regulations of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, ensuring timely disclosure of any price-sensitive information.

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