Mangalore Refinery and Petrochemicals Limited (MRPL) has issued a clarification regarding a recent increase in its trading volume. The company stated that it has no undisclosed price-sensitive information that would account for the increase. According to the company, any movement in the volume of its shares is purely driven by market forces and does not stem from any internal developments or undisclosed news.
Trading Volume Inquiry
Mangalore Refinery and Petrochemicals Limited (MRPL) addressed an inquiry regarding the recent uptick in its trading volumes. The company responded to an email dated October 17, 2025, from the exchange’s surveillance team, which sought an explanation for the significant surge in trading activity.
No Undisclosed Information
In its response, MRPL stated that there is currently no unpublished price-sensitive information that would trigger the trading volume increase. The company clarified that the fluctuations observed in its trading volumes are a result of normal market dynamics.
MRPL maintains that the trading activity is driven by market forces, independent of any internal or undisclosed information held by the company.
Source: BSE
