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MITCON says sharp share-price move is market-driven, denies undisclosed developments

Story Highlights
  • MITCON told the NSE that recent sharp share-price movements are market-driven and not linked to any new or undisclosed corporate developments.
  • The company affirmed there is no unpublished price sensitive information and reiterated its commitment to full regulatory compliance and transparency for investors.
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MITCON says sharp share-price move is market-driven, denies undisclosed developments

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An announcement from MITCON Consultancy & Engineering Services Ltd. ( (IN:MITCON) ) is now available.

MITCON Consultancy & Engineering Services Ltd. has responded to the National Stock Exchange of India after a significant movement was observed in its share price, stating that there is no new relevant information that investors do not already possess. The company said the price movement is purely market-driven and not linked to any corporate announcement or unpublished development.

Management affirmed that there is no unpublished price sensitive information at present and that all material events have been duly disclosed in line with regulatory requirements. MITCON reiterated its commitment to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements and pledged to maintain high transparency standards by promptly sharing any information that could affect its operations or performance.

More about MITCON Consultancy & Engineering Services Ltd.

MITCON Consultancy & Engineering Services Ltd. operates in the consultancy and engineering services sector, providing advisory and technical solutions across industrial and infrastructure projects. The company focuses on compliance with securities regulations and transparent disclosure practices to support investor confidence in its listed securities.

See more data about MITCON stock on TipRanks’ Stock Analysis page.

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