Regulatory Clarification Response
Date and Nature of Query
Orient Green Power Company Limited received a communication from the National Stock Exchange of India Limited via email dated September 09, 2026, with Reference No.: NSE/CM/Surveillance/17529. The exchange sought clarification regarding the increase in trading volume of the company's securities across exchanges in the recent past.
Company's Clarification on Trading Volume
The company stated that it has been disseminating all required information through stock exchanges on a timely basis. The company confirmed it is not in possession of any withheld information that requires dissemination at this time.
Regarding recent developments, the company disclosed that ICRA Limited assigned BBB rating with stable outlook for two of its subsidiary companies on September 08, 2026. This information was communicated to the stock exchanges during the early hours of September 09, 2026.
The company further clarified that its business is seasonal in nature, with second quarter performance typically being better each year. The recent volume spurt may be attributed to market anticipation of this seasonal pattern, coupled with the company's previously communicated capital expenditure initiatives.