Regulatory Response to Trading Volume Query
Date of Communication: 24th July, 2026
Nature of Exchange Query
Savita Oil Technologies Limited received a clarification request from the National Stock Exchange of India Limited (NSE) via letter Ref. No. NSE/CM/Surveillance/17303 dated 23rd July, 2026. The query sought clarification regarding the significant increase in the price/volume behavior of the company's scrip, which was received via email on 23rd July, 2026.
Company's Clarification on Trading Volume
The company formally responded that it has not withheld any material information or event that is required to be disclosed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also confirmed that there is no other material information or event which in their opinion may have a bearing on the price/volume behavior of the company's scrip.
The company attributed the increase in price/volume of its scrip to being "purely market driven," indicating no company-specific catalysts or undisclosed developments behind the trading activity.
Regulatory Compliance Reference
The response specifically references compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's adherence to mandatory disclosure requirements.
Authentication and Submission
The clarification was digitally signed by Uday Chandra Kant Rege, Company Secretary & Chief Legal Officer (Compliance Officer) of Savita Oil Technologies Limited, on 24th July, 2026 at 10:04:19 IST. The company requested the NSE to take the clarification on record.
Topic Tags: Regulatory Response, Volume Increase, Compliance, SEBI Regulation 30, Market-Driven Activity