Savita Oil Technologies Limited Response to NSE Volume Query
Summary of Clarification
Savita Oil Technologies Limited has formally responded to a clarification sought by the National Stock Exchange of India Limited (NSE) regarding a significant increase in the trading volume of its scrip.
Date and Nature of Query
- Date of Communication: 1st October, 2026
- Query Reference: The company is responding to an NSE letter (Ref. No. NSE/CM/Surveillance/17647) dated 30th September, 2026, which was received via email on the same day. The query sought clarification on the significant increase in the price/volume behaviour of the company's scrip.
Company’s Clarification on Trading Volume
- The company states it has not withheld any material information or event that is required to be disclosed.
- This confirmation is made specifically in relation to the disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The company further confirms that, in its opinion, there is no other material information or event that may have a bearing on the price/volume behaviour of its scrip.
- The reason provided for the volume increase is that it is "purely market driven".
Financial Results Clarification
This document does not discuss or provide any clarification on financial results. The exchange's query and the company's response are solely focused on the trading volume activity.
Topic Tags: Regulatory Response, Stock Trading, Volume Increase, Compliance, SEBI LODR