Ashnisha Industries Denies Social Media Rumors, Condemns Misleading Stock Recommendations

Ashnisha Industries Denies Social Media Rumors, Condemns Misleading Stock Recommendations​

Ashnisha Industries Ltd has issued a formal statement strongly refuting false and misleading information concerning the company's securities that have been circulating across social media platforms. The company stated it holds no knowledge of any such stock recommendations or investment advice disseminated by unauthorized parties.

The company unequivocally denied association with any individual or entity providing these unfounded recommendations, emphasizing that Ashnisha Industries does not support or promote the circulation of rumors and unauthorized activities related to its securities. It strongly condemned the dissemination of false and baseless information in all forms.

Investors and the general public were advised by the company not to rely on these unofficial messages. Instead, they are urged to depend exclusively on information released through official channels, including disclosures made via stock exchanges, announcements published on the company's official website (www.ashnisha.in), and communications officially issued by Ashnisha Industries Ltd.

Furthermore, Ashnisha Industries confirmed that there is currently no undisclosed material information or impending announcement requiring disclosure under applicable regulations, other than those already shared with the Stock Exchange previously. The company committed to promptly disseminating any future material information through official channels.

In response to the spread of unauthorized and misleading information, the company stated it has initiated appropriate steps by filing an official complaint with the relevant authorities.

Stock Price Movement​

Ashnisha Industries Ltd settled on Tuesday at ₹3.24, climbing 4.85% for the day. Shares traded throughout the session, moving between an intraday low of ₹3.22 and a high of ₹3.24.