Panama Petrochem Limited Response to NSE Volume Query
Date and Nature of Query
Panama Petrochem Limited received a surveillance query from the National Stock Exchange of India Limited via email Letter No. NSE/CM/Surveillance/17126 dated June 18, 2026. The query specifically addressed a spurt in trading volume of the company's equity shares.
Company's Clarification on Trading Volume
In its response dated June 19, 2026, the company clarified that:
- All material information and announcements that could impact the company's operations or performance have been regularly shared with the stock exchanges
- The increase in trading volume of the company's equity shares is purely due to investors' perceptions based on information already disseminated to the stock exchanges
- The company has not withheld any material information or event that would have a bearing on the price/volume behavior of its equity shares
Regulatory Compliance Reference
The company explicitly stated that it has been "regularly following and complying with all the listing norms for disclosures" in accordance with SEBI regulations, though specific regulation numbers were not cited in this communication.
Denial of Involvement
The company categorically denied any direct or indirect involvement in the increase of price or volume of its equity shares across the exchanges.