Aastha Spintex Ltd Denies Rumors Circulating Via Social Media Channels

Aastha Spintex Ltd Denies Rumors Circulating Via Social Media Channels​

Aastha Spintex Ltd has clarified that speculative and unauthorized messages concerning the company, which have been circulating through various social media platforms, including Telegram links and channels, do not represent the official position of the organization.

The company confirmed it is aware of the rumors being disseminated across certain online platforms. Aastha Spintex stated categorically that these circulating messages have neither been issued nor authorized by the Company.

In light of the unverified information available, Aastha Spintex Ltd affirmed that it has not authorized any individual, entity, group, or social media channel to disseminate information on its behalf apart from through official communications and statutory disclosures.

The company further stated that as of the date of communication, it is unaware of any undisclosed material event or information that could reasonably explain the basis of the rumors being circulated.

Aastha Spintex advised investors and stakeholders not to rely on speculative or unverified information sourced through social media platforms. Investors were requested instead to refer exclusively to the official disclosures made by Aastha Spintex to the stock exchange and those available on the Company's official website.

AASTHA Stock Price Movement​

Shares of Aastha Spintex Limited slipped by 5.00% on Friday to close at ₹116.14, shedding a substantial ₹6.11 from the previous day's closing price. The stock settled near its 52-week low after trading volume reached 1.01 million shares.