Zaggle Prepaid Ocean Services Limited has addressed queries regarding significant volume movements in its stock. The company stated that it has made all necessary disclosures as per SEBI regulations and has not withheld any material information that could impact the stock’s price or volume. They attribute the recent market activity to purely market-driven factors.
Company Statement on Stock Volume
Zaggle Prepaid Ocean Services Limited (Company) has issued a clarification in response to inquiries about the volume movement in its security. The company affirmed its commitment to timely and accurate disclosures in line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
No Withheld Material Information
The Company explicitly stated that it has not withheld any material information or events that could have a bearing on the price or volume behaviour of its scrip. All regulatory requirements are being met, and information impacting the Company’s operations is disclosed to the Exchanges as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Market-Driven Activity
Zaggle Prepaid Ocean Services Limited concluded that the significant movement observed in its scrip’s volume across exchanges in the recent past is purely market-driven. The company has requested that this clarification be taken on record.
Source: BSE
