Company Response to NSE Volume Inquiry
Date of Communication: 28th September, 2026
Nature of Query: The National Stock Exchange of India Limited raised an inquiry via letter Ref. No. NSE/CM/Surveillance/17603 dated September 25, 2026 regarding the significant increase in trading volume of the company's equity shares on September 25, 2026.
Company's Clarification on Trading Volume:
- The company stated that the increase in trading volume/price of its equity shares is "purely market driven"
- The company is "not aware of any reason or information attributable to the Company that could have resulted in the significant increase in the trading volume of its securities"
- Confirmed that as of the date of the letter (September 28, 2026), there is "no undisclosed material event, information or impending announcement" that may have bearing on price/volume behavior
Regulatory Compliance Reference:
- The company referenced compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Stated they have been "promptly disclosing to the Stock Exchanges all material events, information and announcements required to be disclosed" under applicable provisions
- Committed to continuing compliance with SEBI (LODR) Regulations, 2015 and prompt intimation of any material events
Financial Results Clarification: The document does not discuss financial results clarification, adjustments, or changes to financial results.
Topic Tags: Regulatory Response, Stock Trading, Volume Increase, Compliance, Exchange Surveillance