Regulatory Response to Trading Volume Query
Date of Communication: October 13, 2026
Nature of Query: The National Stock Exchange of India Ltd. raised a query regarding increase in price/volume behavior in the company's stock through their letter no. NSE/CM/Surveillance/17696 dated October 12, 2026.
Company's Clarification on Trading Volume: The company stated that it is not aware of any information/announcement (including any impending announcement) which, in their opinion, may have a bearing on the price/volume behavior in the scrip of the Company. They attributed the price/volume behavior to purely market-driven factors, demand-supply dynamics, and investor sentiment, over which the Company claims to have no control.
Regulatory Compliance Reference: The company confirmed it has been making prompt disclosures of all events and information that have a bearing on the operations or performance of the Company, including all price-sensitive information, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. They stated they have not withheld any material information that would have a bearing on the price movement of the scrip.
Financial Results Clarification: The document does not contain any discussion or clarification regarding financial results.
Topic Tags: Regulatory Response, Stock Trading, Volume Increase, Compliance, SEBI Regulation 30