PI Industries responds to unusual volume surge on BSE

PI Industries (BSE:PIIND) addressed a surge in trading volume of its securities on the BSE in a letter dated June 17, 2025. The company stated it is unaware of any undisclosed information or pending announcements that could have triggered the increase. PI Industries confirmed it has disclosed all material information to the stock exchanges as required by Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company asserts that it promptly discloses all events or information that may have a bearing on the operations or performance. PI Industries indicated the volume increase appears to be market-driven and the management of the Company is no way connected with any such movement in price/volume. The company reaffirms its commitment to maintaining high standards of corporate governance.