Clarification20 Jul 2026, 12:46 pm
Responsive Industries Clarifies Trading Volume Spurt
AI Summary
Responsive Industries Ltd has responded to a BSE query regarding a significant increase in its equity share trading volume. The company, after consulting with its Promoters and Key Managerial Personnel, stated that they are unaware of any specific information, event, or development that would explain the surge. They affirmed compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and exchange rules. The company also confirmed no unpublished price-sensitive information or impending announcements are pending. They concluded that the share price and trading volume are market-driven and attributed to market speculation or investor decisions.
Key Highlights
- Company denies knowledge of specific reasons for trading volume increase.
- Promoters and KMPs are unaware of any price-sensitive information.
- Responsive Industries confirms compliance with SEBI disclosure norms.
- Trading volume is attributed to market-driven factors and speculation.
Price Impact
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