Nature of Query:

The National Stock Exchange of India Limited (NSE) raised a query through reference number NSE/CM/Surveillance/17407 dated 25th August, 2026 regarding significant movement in the price of the company's security across exchanges in the recent past. The query was addressed to Mr. Amit Shinde, Chief Manager-Surveillance at NSE.

Company Response / Clarification:

The company confirmed it is in full compliance with Regulation 30 and all other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated it has been making timely disclosures of all events, announcements, price sensitive information, and any information bearing on the operations or performance of the company to stock exchanges in a time-bound manner.

While acknowledging the movement in security price, the company clarified that it does not have any additional information or announcement (including impending announcement) at this time that may have a bearing on the movement in price/volume behavior of the company's scrip. The company specifically stated it is not aware of any reason for the significant movement observed in the volume of its shares across exchanges in the recent past, attributing the movement to market-driven factors.

Regulatory Reference / Compliance:

The company explicitly referenced compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No additional actions or filings were indicated as required beyond this clarification submission.

Analyst Perspective / Material Implications:

No material operational or strategic insights were disclosed in the clarification. The company's response indicates no company-specific developments driving the recent market activity.