India, Oct. 14 -- Rumours of Sachin Tendulkar owning a certain smallcap stock have sent it soaring 13,000% in a year, so much so that the company has had to issue a clarification.

There's circulation of misinformation that the legendary cricketer Sachin Tendulkar has invested in RRP Semiconductors Ltd., and "we feel because of the same there's unprecedented price movement of the shares of the company-from Rs.10 to Rs.9,000-within past 10 months", according to an exchange filing on Tuesday. "Tendulkar has never subscribed to any shares of the company. He is not a shareholder of the company."

Tendulkar is not directly or indirectly connected with the board members, is not a part of the board, nor is he acting in any advisory role, RRP wen...