Jindal Worldwide Limited Response to NSE Volume Query
Summary of Communication
This document is a regulatory disclosure submitted by Jindal Worldwide Limited to the National Stock Exchange of India Limited (NSE) on 16th June, 2026. It is a formal response to a query raised by the NSE Surveillance team regarding a notable increase in the trading volume of the company's securities.
Date and Nature of Exchange Query
- Date of Company Response: 16th June, 2026
- Reference to NSE Query: The query was received via email on 16th June, 2026, referencing the NSE's letter No. NSE/CM/Surveillance/17089 dated 12th June, 2026. The subject of the query was an 'Increase in volume'.
Company’s Clarification on Trading Volume and Discrepancies
The company provided a point-by-point clarification, stating that:
1. All material events and price-sensitive information, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, have always been disclosed by the Company within the stipulated time.
2. There is no pending information or announcement to be disclosed under the SEBI LODR Regulations that may have a bearing on the price movement of the company's security.
3. There is neither any event that has taken place nor any internal reasons or information known to the management or Key Managerial Personnel (KMP) that has a bearing on the company's operations or performance.
4. The notable increase in volume observed on the exchange is attributed to be "completely market-driven and absolutely due to prevailing market conditions."
The company asserts that the volume spike is not due to any company-specific undisclosed development.
Reference to Regulatory Compliance
The disclosure is explicitly made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). The company emphasizes its adherence to these regulations regarding the timely disclosure of all material, price-sensitive information.
Details of Financial Results Clarification
This specific communication does not discuss or provide any clarification on financial results. The response is solely focused on addressing the query related to trading volume.