Macpower CNC Machines Limited Response to NSE Surveillance Query
Date and Nature of Exchange Communication
The company received a communication from the National Stock Exchange of India Limited on June 29, 2026, bearing letter No. NSE/CM/Surveillance/17186 dated June 29, 2026. The query was addressed to Mr. Amit Shinde, Chief Manager Surveillance, and concerned clarification on price movement and spurt in volume for the company's equity shares.
Company's Clarification on Trading Volume and Price Movement
Macpower CNC Machines Limited stated that it has always disclosed all material information bearing on the company's operations and performance to the stock exchange. The company emphasized compliance with all necessary disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 within stipulated timeframes.
Regarding the specific price movement and volume spike, the company attributed this to "purely market driven" factors and stated it may be a "combination of various factors including market conditions." The response explicitly denied any company-specific undisclosed information that could explain the unusual trading activity.
Regulatory Compliance Statement
The company reaffirmed its commitment to regulatory compliance, specifically referencing Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The response stated that in the event of any future development requiring disclosure under these regulations, the company will make appropriate disclosures in accordance with regulatory requirements.