F Mec International Financial Services Addresses Unauthorized Market Commentary on Social Media
F Mec International Financial Services Limited has clarified that it holds no association or involvement in certain videos and content currently circulating across various third-party social media platforms. The company confirmed the circulation of this unauthorized material which references its business activities and financial parameters.The company stated that it has neither created, sponsored, nor approved such content. This includes denying any provision of unauthorized investment communication or recommendation through any digital platform. F Mec International Financial Services further confirmed that the company and its promoters have not issued stock tips, buy or sell recommendations, target prices, guaranteed returns, price projections, or specific investment advice via social media channels.
The company noted that while some information in the third party content may be derived from publicly available data disclosed by F Mec International Financial Services through statutory filings, it emphasized that any analysis, interpretation, views, opinions, or recommendations presented in such external material are independently created and do not belong to the company.
In response to the unauthorized circulation of its name, brand, and publicly available information, F Mec International Financial Services has initiated an internal review. The company is evaluating appropriate legal actions as necessary against any misuse of its identity and disclosures.
As a precautionary measure for investors, the company will place a disclaimer on its official website. This disclaimer clarifies that the company does not provide stock tips, investment recommendations, target prices, guaranteed returns, or investment advice through platforms such as Telegram, WhatsApp, YouTube, or any other unauthorized communication channels.
Stock Price Movement
F Mec International Financial Services Ltd finished the trading day at ₹17.93, posting a robust 10.00% gain. The shares moved through an intraday range, finding support near the low of ₹16.30 before hitting an intraday high of ₹17.93.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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