Godfrey Phillips India Limited has responded to a clarification request from the BSE concerning a recent, significant increase in the trading volume of its securities. The company confirmed on March 27, 2026, that it is unaware of any Unpublished Price Sensitive Information (UPSI) that would account for the volatility. They attribute the increased volume entirely to current market conditions over which the company has no control.
Official Response to Exchange Query
Godfrey Phillips India Limited issued a formal clarification to the BSE Limited on 27th March 2026, following an email request regarding the unusual and significant surge in the trading volume of the company’s securities across exchanges.
No Price Sensitive Information Identified
In its direct reply, the management stated clearly that they are presently not aware of any Unpublished Price Sensitive Information (UPSI) related to the Company that could have caused the recent ‘spurt’ in volume. The company’s official stance is that the heightened trading activity is purely attributable to market conditions and is entirely market driven, an external factor over which Godfrey Phillips has no influence or control.
Commitment to Compliance
The Company took the opportunity to reiterate its steadfast adherence to all applicable listing requirements and disclosure norms. The management assured the exchange that they will continue to duly inform the stock exchanges of any information as required under the relevant regulations.
The clarification was signed by Pumit Kumar Chellaramani, Company Secretary and Compliance Officer, and was officially recorded on March 27, 2026, at 16:02:35 +05’30’.
Source: BSE
