Galaxy Bearings attributes share price movement to market factors
Galaxy Bearings Limited responded on December 25, 2025, to an inquiry from BSE dated December 24, 2025, which sought clarification on a recent notable fluctuation in the company's equity share price. The company affirmed it has consistently disclosed all material information, including price-sensitive information, within stipulated timelines.
As of the date of the response, Galaxy Bearings stated it is not in possession of any unpublished price-sensitive information. The company further confirmed there is no material event or information, including any impending announcement, that, in its opinion, could have caused or contributed to the significant movement in its equity share price.
The company concluded that the movement in its equity share price appears to be solely attributable to prevailing market conditions and broader market-driven factors. The submission was made by Bhumika Teli, company secretary and compliance officer, from Ahmedabad.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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