IDBI Bank has responded to an exchange clarification request regarding a recent significant increase in its share trading volume. The bank has affirmed its commitment to transparency, stating that all material and price-sensitive information has been promptly disclosed in compliance with SEBI regulations. The process of strategic disinvestment is being handled by DIPAM, with the Bank continually informing exchanges of developments.
IDBI Bank Responds to Trading Volume Query
IDBI Bank Limited has issued a formal response to a clarification sought by the Exchange concerning a notable increase in the trading volume of the Bank’s securities. The communication addresses a letter dated August 25, 2026, which inquired about the significant surge in share volumes observed across exchanges recently.
Commitment to Transparency and Disclosure
In its reply, the Bank has reassured stakeholders of its adherence to regulatory requirements. It stated that in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IDBI Bank has consistently provided timely disclosures of all events and information that could potentially impact its operations or performance. This includes all price-sensitive information. The Bank explicitly confirmed that there is currently no undisclosed price-sensitive information or impending announcement that requires notification to the exchange.
Disinvestment Process Updates
Regarding the ongoing strategic disinvestment process of the Bank, IDBI Bank noted that this is being managed by the Department of Investment and Public Asset Management (DIPAM). The Bank has been promptly informing the Stock Exchanges about the developments as they occur in relation to this process.
Assurance of Continued Compliance
IDBI Bank further assured the Exchange that it will continue to promptly inform all material events, information, and actions as mandated under the LODR Regulations. The Bank requested acknowledgement of receipt of this response and that it be taken on record.
Source: BSE
