Chennai Petroleum Corporation has addressed concerns regarding a recent surge in its share volume. The company stated that it has consistently disclosed all relevant information to the stock exchanges as required. Chennai Petroleum affirms that there is no undisclosed information influencing the share movement, attributing it to market dynamics. The update, dated October 28, 2025, aims to ensure transparency and investor confidence.
Response to Share Volume Increase
Chennai Petroleum Corporation has issued a clarification concerning the recent increase in the volume of its shares. The company maintains that all material information has been disclosed to the Stock Exchanges in compliance with regulations.
No Undisclosed Information
Chennai Petroleum stated that there are no undisclosed events or unpublished price-sensitive information contributing to the volume increase. The company believes the market is driving the recent share movement. The official response is dated October 28, 2025.
Source: BSE
