Company Response to NSE Volume Spurt Query
Date and Nature of Exchange Query
Andhra Paper Limited received a communication from the National Stock Exchange of India Ltd. on October 12, 2026, bearing reference number NSE/CM/Surveillance/17689. The query sought clarification regarding the significant increase in the trading volume of the company's shares in the recent past.
Company's Clarification on Trading Volume
The company provided a formal response dated October 13, 2026, signed by Company Secretary Bijay Kumar Sanku. Andhra Paper clarified that all material information has been duly furnished and is already in the public domain. The company specifically stated that as of the date of the response, there is no announcement or price-sensitive information pending disclosure to the stock exchanges.
Regulatory Compliance Reference
The response explicitly references compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations). The company affirmed that it has made and will continue to make all required disclosures in accordance with these regulatory obligations.
Reason for Volume Increase
Andhra Paper attributed the significant increase in share trading volume to purely market-driven factors, indicating no company-specific undisclosed developments were responsible for the trading activity.
Topic Tags: Regulatory Response, Volume Spike, Compliance Disclosure, SEBI Regulation 30, Stock Exchange Communication