Regulatory Compliance Status
The company confirms full compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. MTNL states it has duly informed both recognized stock exchanges (BSE and NSE) of all events and information bearing on the company's operations and performance, including all price-sensitive information.
Company Position on Trading Activity
MTNL explicitly states that there is no pending information or announcement from the company side that could explain the unusual trading activity. The management attributes the movement in equity share price purely to market conditions, characterizing it as "absolutely market driven event." The company specifically denies any management connection to the price movement.
Conclusion
The company requests acknowledgment of receipt of this clarification and for it to be taken on record.