Summary of Company's Response
Mahanagar Telephone Nigam Limited (MTNL) has formally responded to the National Stock Exchange (NSE) regarding unusual trading volume activity in its equity shares. The company confirms it has no undisclosed information that could explain the volume increase.
Date and Nature of Exchange Query
Date of NSE Query: October 22, 2026
NSE Reference Number: NSE/CM/Surveillance/17744
Subject: Inquiry regarding increase in trading volume of MTNL equity shares
Company's Clarification on Trading Volume
MTNL states that the movement in the price of its equity shares is "purely due to market conditions and absolutely market driven event." The management explicitly denies any connection to the price movement and confirms there is "no pending information or announcement from the Company side."
Regulatory Compliance Reference
The company references Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), confirming it has duly informed both NSE and BSE of "all the events, information that have bearing on the operations/performance of the Company including price sensitive information."
Financial Results Clarification
No specific financial results clarification was discussed in this document. The response focuses exclusively on trading volume and price movement explanations.