Regulatory Response to Trading Volume Inquiry
Date of Communication: July 06, 2026
Nature of Query: The National Stock Exchange of India Limited (NSE) raised an inquiry regarding increased trading volume in the company's equity shares, as referenced in their letter Ref. No.: NSE/CM/Surveillance/17210 dated July 03, 2026.
Company's Clarification on Trading Volume:
- The company stated that the increase in volume of its equity shares across exchanges appears to have been on account of investor interest based on the performance and prospects of the company
- Described the volume increase as purely market-driven
- Explicitly stated that the company has no role in the increase in volume on the stock exchanges
Regulatory Compliance:
- The company confirmed it is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Discloses all events/information that have bearing on the operation/performance of the company on a timely basis
- Confirmed that to the best of their knowledge, there is no unpublished price sensitive information at this stage that has not been disclosed to the stock exchanges
Topic Tags: Regulatory Response, Stock Trading, Volume Increase, Compliance, SEBI LODR Regulation 30