Banco Products clarifies stock movement, attributes to market forces

Banco Products (India) Limited issued a clarification on October 8, 2025, addressing inquiries from both the BSE and NSE regarding unusual price movements in its security. The company received an email from BSE on October 7, 2025, and a letter from NSE on the same date, prompting the clarification.

In its response, Banco Products affirmed that it has made all necessary disclosures as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has not withheld any material information or event that could influence the stock's price or volume.

The company stated that any significant movement in its security's price is purely market-driven and that its management has no connection to such fluctuations. Banco Products requested that the clarification be taken on record by the exchanges.