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Lords Ishwar Hotels has clarified its equity shares' inclusion under BSE's Graded Surveillance Measure (GSM) – Stage 1. The company states there are no material changes in its operations or affairs that would trigger unusual price or volume movements. It affirms full compliance with listing regulations, timely disclosure of all material information, and believes the GSM inclusion is part of routine surveillance, not due to any non-compliance or irregularity. Management remains committed to high corporate governance standards and transparency for investors.