Indegene Limited issued a formal response to the BSE on March 24, 2026, addressing recent significant fluctuations in its stock price and trading volume. The Company confirmed that, as of the date of the communication, there is no pending information or undisclosed material event that is likely to impact the securities’ price or trading activity. The management attributed recent volatility to prevailing market conditions and general investor sentiment.
Official Clarification on Stock Movement
On March 24, 2026, Indegene Limited provided a formal response to the BSE Limited (Scrip Code: 544172) regarding an inquiry about a significant increase observed in the price and volume movement of the Company’s securities. This response was referenced under letter number L/SURV/ONL/PV/SG/2025-2026 / 996.
No Pending Material Information
In its communication, Indegene Limited emphatically confirmed that, as of the date of the letter, there is no pending or undisclosed material event currently in existence that is expected to have a significant effect on the trading price or volume of the Company’s securities. Management stated that the recent market movements and associated volatility appear consistent with prevailing general market conditions and overall investor sentiment.
Commitment to Disclosure
The Company reiterated its commitment to upholding transparent and timely disclosures in strict adherence to applicable regulatory requirements. Any future material developments that necessitate public disclosure will be communicated promptly according to the required standards.
The response was signed by Srishti Ramesh Kaushik, Company Secretary and Compliance Officer, on behalf of Indegene Limited.
Source: BSE
