Trading of AVI Polymers Ltd Stock Temporarily Suspended; Company Confirms No Adverse Impact on Operations
AVI Polymers Ltd has confirmed that trading in its equity shares remains temporarily suspended, while stating that the company's business operations are continuing normally. The management assured stakeholders that the suspension is procedural and does not affect the company’s financial standing or ongoing commitments.The company provided an update regarding the matter of stock trading following submissions made to the Bombay Stock Exchange (BSE). The BSE is currently reviewing the application seeking the revocation of the trading suspension for AVI Polymers Ltd.
Management stated that they are actively addressing all requirements set by the Exchange to facilitate a prompt resolution of the matter.
The company stressed that despite the temporary suspension, its operations continue functioning without interruption. Officials affirmed that there is no adverse impact on AVI Polymers Ltd’s business operations, financial performance, assets, or management team.
AVI Polymers Ltd remains committed to providing timely information regarding any material developments in this matter.
Stock Price Movement
AVI Polymers Ltd saw its shares settle at ₹17.59 on Wednesday, ticking up by 4.95%. The stock moved within a narrow intraday range of ₹17.58 to ₹17.59.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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