Company Response to Trading Volume Query
Nature of Exchange Query
Avantel Limited received a letter from the National Stock Exchange of India Limited bearing Reference No. NSE/CM/Surveillance/17781 dated November 11, 2026, regarding significant increase in trading volume of the company's securities across exchanges in recent periods.
Company's Clarification on Trading Volume
The company stated that all stakeholders/investors have access to the latest relevant information about the company. Avantel confirmed there are no information/announcements (including impending announcements) that in their opinion may have a bearing on the price/volume behavior in the company's scrip that have not been disclosed to stock exchanges.
Regulatory Compliance Disclosure
The company emphasized its compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"). Avantel maintains that it keeps investors updated with all events and information that may have bearing on the operation/performance of the company, including all price sensitive information. All disclosures have been made to exchanges within stipulated timelines.
Explanation for Volume Increase
Avantel attributed the increase in trading volume to purely market-driven factors that are beyond the company's control.
Disclosure Practices
The company ensures all disclosures are made to exchanges and also made available on its website at www.avantel.in for easy investor access in accordance with SEBI LODR Regulations.