ArchidPly clarifies exchange regarding the significant movement in stock price

11 Jan 2022 , 12:55 PM

The company’s share dipped by 4.95% since its last closing and is currently trading at Rs 55.90 soon after it was directed by the exchange to furnish information on significant price movements.

ArchidPly

has issued a clarification to the exchange concerning its letter issued on 10-01-2022. It stated in the letter issued dated 11-01-2022 that the company in the recent past is disseminating all the information, events, etc. to the exchanges, that directly or indirectly have any bearing on the operations or performance of the company which includes all price-sensitive information.

It further stated that the company has been complying with all provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. So, the company is not aware of the reasons for significant movement in the Price/volume of the securities of the Company.

It also mentioned that the company shall continue to inform the exchange about any price-sensitive information in the future if any.