Shah Foods informs about clarification on price movement

Shah Foods has informed that this is with reference to email dated July 01, 2026 regarding Price Movement bearing reference no. L/SURV/ONL/PV/SJ/2026-27/4017, seeking clarification in respect of significant price movement in the securities of the Company in the recent past. In this regard, they informed that the Company is prompt in making all the material disclosures as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) and has not withheld any material information/ event that is required to be disclosed. Therefore, they clarified that the movement in the price of its securities is driven by prevailing market forces, investor sentiment, and other external factors beyond the Company's control. The Company has no information regarding any event or development that would warrant such price movement and is not in a position to comment on market speculation. As a responsible corporate, they assured that the Company will always adhere to the compliance requirement in terms of the Listing Regulations in the larger interest of the shareholders.

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