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KCD Industries India replies to clarification on price movement sought by exchange

09 Dec 2022 Evaluate
With reference to E-mail received on 6th December 2022 bearing reference number L/SURV/ONL/PV/KK/2022-2023/2832, KCD Industries India has clarified to the exchange that the Company is in compliance with timely disclosure of all the material event and information that needs to be filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The equity shares of the Company are freely traded on stock exchange. Therefore, the movement registered on the Company's share price is purely market driven on which the company does not have any control. The Company has always complied with the disclosure requirements as stated in the various SEBI Regulations. Further, the Company would keep the exchange informed in case of any specific developments and shall continue to abide with the same. 

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Redington 359.90
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Amrapali Industries 34.00
Maxgrow India 182.35
Rashi Peripheral 703.50
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