Clarification to BSE on news item: company says it has no knowledge of any negotiations

BSE asked for a clarification on a Business Standard news item dated 29 September 2026 about Tata group stocks falling.

Wed 30 Sep 2026

What happened

BSE sought a clarification from the company on 29 September 2026 regarding a news item on business-standard.com titled "Why are Tata group stocks falling today? TTML, Tata Chem, TMPV dip up to 5%". This is a routine rumour-verification query raised by the exchange under the market-surveillance framework.

The company's responses

• On whether any negotiations were taking place: the company stated it has no knowledge of any negotiations.
• On unannounced price-sensitive information: it is not aware of any such information not already communicated to the exchanges that could explain the movement in trading.
• On regulatory or legal proceedings: it is not aware of initiation of any such proceedings.
• On reasons for non-disclosure under Regulation 30: not applicable, given the above responses.
• On declaring the news item factually incorrect: since it is unaware of any negotiations referred to in the article, it said it is not possible to offer any comment.

The company also stated that it has been complying with the disclosure requirements under Regulation 30 and other applicable provisions of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and has disclosed all material information and events required to be disclosed.

How to read this

This is a clarification letter, not a business development. It carries no financial figures, no transaction and no change to operations. Exchanges routinely ask companies to verify market rumours or news reports; the reply here is a denial of knowledge rather than a confirmation or a categorical rebuttal of the article.

The letter is signed by the Company Secretary and Chief Compliance Officer.

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