Patel Engineering has addressed inquiries regarding a recent surge in its trading volume. The company clarified that it is unaware of any specific information or announcements that could have influenced this increase. The company’s operations have been consistent, aligning with previously declared results. A recent rights issue in December 2025, which increased the number of shares by 14,77,65,820, has been completed.
Response to Volume Increase Inquiry
Patel Engineering has responded to queries regarding the recent increase in the volume of the company’s shares traded on the exchange. The company stated that there are no undisclosed events or pending announcements that would account for the increase in trading activity.
Consistent Operations
The company emphasized that its operations have remained consistent with previously reported results. Patel Engineering stated that all material information that could influence the company’s performance is disclosed to the stock exchanges as required.
Rights Issue Impact
The company recently completed a rights issue in December 2025, which increased its number of shares by 14,77,65,820. Patel Engineering continues to inform the exchanges before press releases pertaining to awarded projects. The company reiterates that the increase in volume of Company’s share in the recent past is completely market driven.
Source: BSE
