Suratwwala clarifies stock price movement, cites market conditions

Suratwwala Business Group Limited (SBGLP) issued a clarification on December 15, 2025, in response to an email from BSE concerning the price movement of its security. The company asserted that all material information regarding its operations and performance, including necessary disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been regularly communicated to the stock exchange.

According to Suratwwala, all material facts and information relevant to the security price have been properly disclosed and disseminated on the public websites of NSE and BSE. The company maintains that the movement in its security price is solely attributable to prevailing market conditions and is market-driven, with management having no control over these external factors.

Suratwwala reiterated its commitment to continuously inform stock exchanges of any price-sensitive information as required by Regulation 30 of SEBI Regulations, 2015. The announcement was signed by pooja thorave, company secretary and compliance officer.