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Globalspace Technologies informs about clarification on price movement

26 Oct 2026 Evaluate
With reference to email dated October 23, 2026 regarding the significant movement in the price of the equity shares of the Company, Globalspace Technologies has submitted the following: The Company has been regularly intimating the Stock Exchange of all material events and information having a bearing on the operations and performance of the Company, including all price sensitive information, in accordance with the requirements of Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. They clarified that the movement in the price of the Company's equity shares is purely attributable to prevailing market conditions and market forces. The management of the Company and its promoters neither have any control over nor any knowledge of the reasons for such significant movement in the share price. The Company remains committed to complying with all applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and shall continue to make all requisite disclosures to the Stock Exchange in a timely manner whenever any material event or information requiring disclosure occurs.

The above information is a part of company’s filings submitted to BSE.

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