C2C Advanced Systems Responds to Price Movement Inquiry

Team Finance Saathi

18/Dec/2024

What's covered under the Article:

C2C Advanced Systems clarifies that no material events or information have impacted its operations, except for the upcoming Annual General Meeting.
The company emphasizes its commitment to timely and transparent disclosure of price-sensitive information.
C2C Advanced Systems attributes stock price movement to market forces beyond its control.

On December 18, 2024, C2C Advanced Systems Private Ltd. addressed an inquiry from the National Stock Exchange (NSE) regarding significant fluctuations in its stock price. In their response, the company clarified that there have been no material events or developments affecting the operations or performance of the company, except for the Annual General Meeting (AGM) scheduled for December 28, 2024.

The company emphasized that it is committed to timely and transparent disclosure of any price-sensitive information, in accordance with SEBI regulations. It further stated that the recent movement in share price is attributed to market forces which are beyond the company's control. These fluctuations are typical in the stock market and cannot be influenced by the company's actions.

C2C Advanced Systems reaffirmed its dedication to following compliance guidelines and will continue to share all necessary information in a timely and transparent manner, ensuring that shareholders and the market remain well-informed.

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C2C Advanced Systems Responds to Price Movement Inquiry

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