CyberTech Denies Any Undisclosed Events Behind Share Price Surge

CyberTech Systems & Software Ltd. ( (IN:CYBERTECH) ) has issued an update.

CyberTech Systems & Software Ltd. has responded to exchange queries following a sharp movement in its share price and trading volumes on the BSE and NSE, stating that it has fully complied with disclosure requirements. The company said it has not withheld any material information that could affect the stock’s price or volume and asserted that the recent price and volume surge in its shares is purely driven by market forces, with no pending compliance issues under listing or insider trading norms.

Management emphasized that all announcements with potential impact on the scrip’s behavior have been regularly shared with the exchanges, reaffirming its adherence to SEBI’s regulatory framework. The clarification aims to reassure investors and regulators that the volatility in CyberTech’s stock is not linked to any undisclosed corporate developments, thereby supporting transparency and safeguarding investor interests.

More about CyberTech Systems & Software Ltd.

CyberTech Systems & Software Ltd. is an Indian technology company focused on software and IT services, with its registered office in Thane, Maharashtra. The company is listed on BSE and NSE under the scrip code 532173 and symbol CYBERTECH, and operates under SEBI’s listing and disclosure regulations for public companies.

Average Trading Volume: 5,408

Technical Sentiment Signal: Sell

Current Market Cap: 4.09B INR

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