Shoppers Stop Response to NSE Volume Query
Date and Nature of Query
Shoppers Stop Limited received a communication from the National Stock Exchange of India Limited (NSE) dated September 25, 2026, bearing reference number NSE/CM/Surveillance/17604. The query was addressed to Mr. Amit Shinde, Chief Manager Surveillance, and concerned the observed increase in trading volume of the company's securities across exchanges in the recent past.
Company's Clarification on Trading Volume
In response to the NSE's query, Shoppers Stop stated that the increase in trading volume is "purely market driven." The company explicitly confirmed that there is no information or announcement, including any impending announcement, regarding the company that may have caused the increase in volumes.
Regulatory Compliance Reference
The company reiterated its commitment to regulatory compliance, specifically referencing Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Shoppers Stop affirmed that it will continue to inform stock exchanges about any price sensitive information as required under these regulations.
Document Details and Signatory
The response letter was dated September 28, 2026, and was digitally signed by Rakeshkumar Sanwarmal Saini, Vice President – Legal, Company Secretary & Chief Compliance Officer (ACS No: 20257). The company requested the exchange to take their clarification on record.
Topic Tags: Regulatory Response, Stock Trading, Volume Increase, Compliance, Exchange Surveillance