Summary of Company’s Response
REDTAPE Limited has provided a formal response to the National Stock Exchange of India Limited (NSE) regarding a clarification sought on the increase in trading volume of its shares. The company denies any undisclosed material information that could influence the price or volume behavior and attributes the volume surge to external market conditions.
Date of Communication and Nature of Query
- The communication date is September 16, 2026, from REDTAPE LIMITED to NSE.
- The query was initiated by NSE via email dated September 15, 2026, with reference number NSE/CM/Surveillance/17554, from the Surveillance Department, seeking clarification on the increase in volume of the company's shares across the exchange.
Company’s Clarification on Trading Volume
- REDTAPE Limited stated that it discloses all information required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The company confirmed that there is no information or announcement, including any impending announcement, that has not been disclosed and that could have a bearing on the price or volume behavior in the scrip.
- The increase in volume is attributed to prevailing market conditions and market-driven factors, with no company-specific undisclosed events.
Reference to Regulatory Compliance
- The response explicitly references compliance with SEBI LODR Regulations, specifically Regulation 30 of SEBI Listing Obligations and Disclosure Requirements, indicating adherence to all mandatory disclosure norms.