Company Response to NSE Volume Query

Communication Details

  • Date of Communication: October 12, 2026
  • Exchange Query Reference: NSE/CM/Surveillance/17691
  • Query Receipt Time: 18:16 hours on October 12, 2026
  • Nature of Query: The National Stock Exchange sought clarification regarding the increase in trading volume of the company's scrip in the recent past across exchanges.

Company's Clarification on Trading Volume

The company stated that there is no information and/or announcement (including any impending announcement) that in their opinion may have a bearing on the price/volume behavior of the company's scrip as traded across exchanges. The company specifically noted that any such information would be required to be informed to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company attributed any spurt in price and/or volume of trading in the company's scrip to purely market conditions and stated it is "absolutely market-driven."

Regulatory Compliance Reference

The company referenced Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming they have been regularly disseminating unpublished price sensitive information from time to time. The company committed to continue promptly intimating and disclosing all material events and information to stock exchanges in compliance with applicable provisions of the SEBI Listing Regulations.