Avadh Sugar & Energy Ltd Clarifies Significant Increase in Trading Volume

Avadh Sugar & Energy Ltd has clarified a significant increase in trading volume of its equity shares in the recent past. The company is in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All material information/events have been duly intimated to the Stock Exchanges within the prescribed timelines. The company states that no event has occurred which requires disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015. The increase in trading volume is considered market driven.