In response to e-mail on seeking clarification regarding significant increase in the movement in price of Tata Elxsi (the ‘Company’), Tata Elxsi has informed that as on date, there is no impending information or undisclosed material event that could significantly impact the price or volume of the Company’s security. The recent market activity and volatility appears to be reflective of the current market dynamics and investor sentiment. We remain committed to transparent and timely disclosures, in adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and any material developments will be disclosed as per the regulatory requirements.
The above information is a part of company’s filings submitted to BSE.
