Pashupati Cotspin says recent share price move is market-driven

The exchange queries and the reply

What the exchanges asked and what the company said

BSE and NSE each wrote to Pashupati on 21 Oct 2026 asking for clarification on the movement in its share price. The company's reply, dated the same day, says it has complied with Regulation 30 of the SEBI Listing Regulations, which requires listed companies to disclose material events. It says there are no pending events, information or impending announcements that bear on its operations or performance and have not been shared with the exchanges.

Market and results context

Pashupati's shares closed at ₹94.17 on 21 Oct 2026, and its market value that day was ₹1,486 crore. In the quarter to 30 Jun 2026, consolidated revenue was ₹132.46 crore and net profit was ₹7.25 crore. In the quarter to 30 Jun 2025, consolidated revenue was ₹122.34 crore and net profit was ₹1.93 crore.

What the filing leaves out

The reply does not give the size or dates of the price movement, and it does not restate what the exchanges' letters said beyond asking for clarification. It also does not say whether the exchanges plan further steps. Our records list no other recent filings from the company.

What the reply means for Pashupati's shareholders

The filing gives the company's own position on the price move and contains no new financial results or corporate action. For shareholders, the statement is that the move is market-driven and not linked to information the company holds. The exchanges' view is not set out in this filing, and no next dated step is given.

Reference: Original filing (PDF)