Belrise Industries Regulatory Response to NSE Volume Query
Date and Nature of Query
Belrise Industries received a communication from the National Stock Exchange of India Limited (NSE) dated June 9, 2026, with reference number NSE/CM/Surveillance/17070. The query sought clarification regarding the significant increase in trading volume of the company's securities across exchanges in the recent past.
Company's Clarification on Trading Volume
The company responded on June 10, 2026, stating that it is unable to comment on the specific reasons for the recent increase in trading volume. The movement in both price and volume of the company's securities is characterized as "purely market-driven." Belrise Industries explicitly confirmed it is neither aware of any reasons for such movements nor a party to any activities that may have influenced the trading pattern of its securities.
Regulatory Compliance Reference
The company emphasized its compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. They stated they have been "promptly and regularly disseminating to the Stock Exchanges all material events and information having a bearing on the operations and performance of the Company, including all price sensitive information, as and when required."
Undisclosed Information Statement
Belrise Industries provided a definitive confirmation that "there is no undisclosed material information, event, or impending announcement which, in the opinion of the Company, requires disclosure under the applicable regulatory framework and which may have a bearing on the price or volume movement of the Company's securities."