Regulatory Compliance Response: Mangal Electrical Industries Limited
Nature of Exchange Query
Mangal Electrical Industries Limited received a communication from the National Stock Exchange of India Limited (NSE) dated October 09, 2026, with reference letter number NSE/CM/Surveillance/17682. The query specifically sought clarification regarding the increase in trading volume of the company's securities.
Company's Clarification on Trading Volume
The company provided a comprehensive response dated October 10, 2026, stating that:
- All required disclosures and announcements have been made under Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR)
- All disclosures are available on the websites of the Exchanges and the Company
- As of the response date, there is no information or announcement (including any impending announcement) pending disclosure that could affect the price/volume behavior of the company's securities
- The movement in price/volume of the company's securities is purely market-driven
- The company explicitly stated it has no control over market-driven price/volume movements
Regulatory Compliance Status
The company confirmed full compliance with all applicable provisions of the SEBI LODR regulations. Additionally, MEIL committed to continue promptly intimating the Exchanges of any event or information requiring disclosure as per regulatory requirements.
Authentication and Signatory Details
The response was digitally signed by Naresh Kumar Sharma, who holds the positions of Company Secretary & Compliance Officer. His membership number is A12005. The signing occurred on October 10, 2026, at 12:13:44 IST.
Topic Tags: Regulatory Response, Volume Increase Clarification, SEBI LODR Compliance, Exchange Surveillance, Market-Driven Movement