StockWatch
·
Refineries & Marketing
Clarification12 Aug 2026, 03:22 pm

MRPL Clarifies No Price Sensitive Info Behind Share Volume Spurt

AI Summary

Mangalore Refinery and Petrochemicals Ltd (MRPL) has responded to a BSE query regarding a significant increase in its share trading volume. The company clarified that there is no unpublished price-sensitive information or event that requires disclosure under SEBI regulations. MRPL stated that any movement in its share volume is driven by market forces. This clarification aims to address market speculation and ensure transparency.

Key Highlights

  • MRPL denies any undisclosed price-sensitive information.
  • Company attributes share volume surge to market-driven factors.
  • No new events requiring SEBI disclosure have occurred.
  • Clarification issued in response to BSE surveillance query.