Finolex Industries Limited has responded to an inquiry concerning a recent, significant increase in the trading volume of its shares across stock exchanges. The company confirmed it has not withheld any material information or event that requires disclosure. Therefore, the management attributes the rise in price or volume purely to current market drivers and trading conditions. Finolex reiterates its commitment to keeping exchanges informed as required.
Company Response to Stock Volume Inquiry
Finolex Industries Limited issued a formal clarification on February 13, 2026, addressing an official query regarding a notable surge in the trading volume of its scrip across various exchanges recently. The letter, referencing correspondence dated the same day, sought information related to this unusual market activity.
No Undisclosed Material Information
In its response, the management explicitly stated that the company is not currently withholding any material information or event that warrants disclosure under applicable listing requirements. This includes any information that, in the company’s opinion, could influence the price or volume behaviour of its stock in the market.
Market Driven Activity
Consequently, Finolex Industries Limited concluded that the observed increase in share price and trading volume is purely market driven and a result of prevailing market conditions. The company reaffirmed its ongoing adherence to all regulatory requirements concerning the timely disclosure of relevant events.
The communication was signed by Dakshinamurthy Iyer, Company Secretary & Head Legal, confirming the formal nature of the clarification.
Source: BSE
