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Clarification15 Apr 2026, 10:04 am

Glottis Clarifies Share Price Movement

AI Summary

Glottis Limited received inquiries from both BSE and NSE on April 13, 2026, seeking clarification regarding significant movement in its share price and trading volume. In response, the company stated that the observed price movement is purely market-driven and a result of prevailing market conditions. The management clarified that it has no control over, nor any specific knowledge of, the underlying reasons for the substantial increase in the trading volume of its shares. Glottis Limited further affirmed that it has consistently disclosed all material events and information to the exchanges as required under Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Glottis received queries from exchanges regarding share price volatility.
  • Company attributes price movement to market conditions.
  • Management denies knowledge or control over the price surge.
  • Glottis asserts compliance with SEBI disclosure norms.