Date and Nature of Query
Scoda Tubes Limited submitted this clarification letter on September 23, 2026, in response to an email from the National Stock Exchange of India Limited (NSE) and BSE Limited. The query sought clarification under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations) regarding a significant increase in the trading volume of the company's equity shares.
Company’s Clarification on Trading Volume
The company stated that it is not aware of any information, event, or development, including any pending announcement, which in its opinion may have a material bearing on the price or volume behavior of its equity shares and which has not already been disclosed to the Stock Exchanges. It attributed the movement in the volume of its equity shares to be purely market driven and attributable to general market conditions and investor sentiment.
Reference to Regulatory Compliance
The company affirmed its consistent compliance with the provisions of Regulation 30 of the SEBI LODR Regulations. It stated it has promptly disclosed all events, information, and announcements that may have a bearing on its operations, performance, and share price, including all material and price-sensitive information. The company assured it would continue to adhere strictly to the applicable provisions and promptly intimate the Stock Exchanges of any material event or information as required.