Godfrey Phillips India Limited issued a clarification on February 9, 2026, addressing a query from the BSE regarding an unusual surge in its security’s trading volume. The company stated that it is currently unaware of any Unpublished Price Sensitive Information (UPSI) that could account for the recent volatility. Therefore, the increased volume is attributed purely to market conditions and is market-driven, over which the management has no control or prior knowledge.
Clarification on Recent Trading Volume Surge
In response to an official inquiry dated February 9, 2026, concerning a noticeable and significant increase in the trading volume of its securities across exchanges, Godfrey Phillips India Limited has provided a formal clarification. The company acknowledged the communication requirement regarding such unusual activity in the market.
Statement on Price Sensitive Information
Godfrey Phillips India Limited explicitly stated that as of the date of the announcement, the management is not aware of any Unpublished Price Sensitive Information (UPSI) that might have instigated the recent sharp increase in trading volumes. The company confirmed its commitment to adhering strictly to all stipulated disclosure requirements concerning market events.
Attribution to Market Forces
The company concluded that the surge in trading volume observed recently is purely due to prevailing market conditions. The management emphasized that this movement is entirely market-driven, meaning the company neither possesses prior knowledge of the reasons nor has any direct control over such fluctuations.
Commitment to Compliance
The company reiterated its ongoing adherence to all regulatory mandates concerning listing obligations. Godfrey Phillips confirmed it will ensure that Stock Exchanges are immediately informed of any relevant information as and when any such event requiring disclosure officially occurs.
Source: BSE
