Regulatory Response to Trading Volume Query
Date of Communication: September 23, 2026
Nature of Exchange Query: The National Stock Exchange of India Ltd. (NSE) sought clarification regarding significant increase in the volume of the company's shares across exchanges. The query was made via letter Ref. No. NSE/CM/Surveillance/17580 dated September 22, 2026, addressed to Mr. Amit Shinde, Chief Manager (Surveillance) at NSE.
Company's Clarification on Trading Volume:
- The company confirmed there is no pending information or announcement that is price sensitive
- No company-specific information could have led to significant movement in volume and price
- The increase in volume and movement in price is attributed to purely market-driven factors
- The company stated it is not aware of any specific reasons for the volume and price movement
Regulatory Compliance Reference:
- The company confirmed compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
- All information/events bearing on the operation/performance of the Company have been disclosed to stock exchanges on immediate basis
Financial Results Clarification: Not applicable - the document does not discuss financial results clarification.
- Poornachandran Mahadevan, Company Secretary & Compliance Officer
- Membership No. F9150
- Digitally signed on September 23, 2026 at 10:08:33 +05'30'
Topic Tags: Regulatory Response, Exchange Surveillance, Volume Increase, Compliance, SEBI Regulation 30