
Clarification2 Jun 2026, 01:03 pm
NIIT Clarifies No Known Reason for Recent Share Volume Increase
AI Summary
NIIT Limited has responded to a query from the stock exchange regarding a recent increase in the volume of its shares. The company confirmed that it has been in full compliance with SEBI (LODR) regulations, including the timely disclosure of all price-sensitive information. NIIT stated it is not aware of any specific reason for the recent volume surge and does not speculate on market movements. Additionally, the company noted that trading permissions were recently granted to certain designated persons in accordance with its Insider Trading Code.
Key Highlights
- Company confirms full compliance with SEBI (LODR) disclosure regulations.
- Management states no knowledge of reasons for recent share volume increase.
- Company denies any speculation regarding market price or volume movements.
- Trading permissions were recently granted to designated persons per the Insider Trading Code.
Price Impact
More from NIITLTD