Steelcast Limited Response to NSE Volume Query
Summary of Company's Response
Steelcast Limited has formally responded to the National Stock Exchange of India Limited regarding a surveillance query about significant increase in trading volume of the company's securities.
Date and Nature of Exchange Query
- The NSE query was received via email dated June 24, 2026 and June 25, 2026 (Reference No.: NSE/CM/Surveillance/17170)
- The exchange sought clarification on "significant increase in the volume of your security across Exchanges, in the recent past"
Company's Clarification on Trading Volume
- The company stated: "there is no information/announcement (including impending announcement) to be made by the Company which, in our opinion, may have a bearing on the volume of shares of the Company"
- The company further clarified: "The Company is not aware of any information that led to the significant increase in the volume of the shares of the Company"
Regulatory Compliance Reference
- The response specifically references compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")
- The company affirmed that no information requiring disclosure under Regulation 30 exists that could explain the volume increase
- The company highlighted its track record: "the Company has in the past made timely disclosure under Regulation 30 of the Listing Regulations"
Future Disclosure Commitment
- The company committed to "continue to disseminate any price sensitive information to the exchanges that may have bearing on the price/volume of the shares"
- Such information will be made available on the company's website for shareholder information