Mangalam Worldwide Limited Response to NSE Volume Query
Summary of Clarification
Mangalam Worldwide Limited has formally responded to a clarification sought by the National Stock Exchange of India Limited (NSE) regarding a significant increase in the trading volume of its securities.
Date and Nature of Exchange Query
- The NSE's query was issued via letter reference number NSE/CM/Surveillance/17539 dated September 10, 2026.
- The query specifically sought the company's response and clarification concerning the spurt in trading volume of the company's securities.
Company’s Clarification on Trading Volume
- The company, in its response dated September 11, 2026, clarified that it has been sharing all requisite events, information, and announcements from time to time that may have a bearing on its operations or performance.
- It confirms that this includes the disclosure of all price-sensitive information as required under regulations.
- The company explicitly states that there is no information or announcement, including any impending announcement, which in its opinion requires disclosure under SEBI Listing Regulations and which may have a bearing on the price or volume movement of the company's shares.
Reference to Regulatory Compliance
- The company affirms its compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Reason Cited for Volume Movement
- The company attributes the recent significant movement in both the price and volume of its shares to be purely market-driven.
- It states that this movement is beyond the control of the company.