Jindal Saw Ltd. issued a clarification on February 26, 2026, in response to an inquiry regarding a recent significant increase in the trading volume of its equity shares. The company confirmed that it regularly disseminates all material information. Crucially, it stated that there is no undisclosed price sensitive information or material event currently impacting the share price behavior, attributing the volume movement to general market dynamics.
Clarification on Equity Share Volume Movement
Jindal Saw Ltd. responded to the Stock Exchange’s inquiry dated 26.02.2026 concerning the notable recent surge in the trading volume of the company’s equity shares. The response, dated the same day, detailed the company’s position regarding recent market activity.
Company Disclosures and Transparency
The Company reaffirmed its commitment to maintaining transparency and adhering strictly to regulatory compliance requirements. Key points highlighted in the official communication include:
- The company asserts it has been regularly disseminating all material information, events, and announcements that could potentially bear on its operations or performance to the Stock Exchanges.
- It explicitly confirmed that there is no undisclosed price sensitive information or material event currently known that could account for the observed behavior in the price or volume of the company’s shares.
- The movement in the volume of shares is currently believed to be market driven.
Commitment to Future Reporting
Jindal Saw Ltd. reiterated its commitment to promptly inform the Stock Exchanges of any future material information as and when required by regulations. The document was signed by Sunil K. Jain, Company Secretary (FCS: 3056).
Source: BSE
