Gandhar Oil Refinery Regulatory Response
Date of Communication: June 19, 2026
Nature of Exchange Query
Gandhar Oil Refinery received a letter from the National Stock Exchange of India Limited bearing reference number NSE/CM/Surveillance/17122 dated June 18, 2026. The query sought clarification regarding the increase in trading volume of the company's securities across exchanges in the recent past.
Company's Clarification on Trading Volume
The company stated that there is currently no information or announcement (including any impending announcement) that would have a bearing on the price/volume behavior of the company's scrip. The management expressed their opinion that the increase in trading volume is purely market-driven and attributable to prevailing market conditions. The company explicitly stated they are "unable to comment on the significant increase in the volume of the Company's securities across Exchanges in the recent past."
Regulatory Compliance Disclosure
The company confirmed full compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, specifically referencing Regulation 30. They stated that all necessary disclosures have been made and there is no material information or event that remains undisclosed which, if disclosed, would have a bearing on the price/volume behavior of the company's equity scrip.