Safari Industries attributes share volume increase to market factors

Safari Industries (India) Limited has issued a clarification to BSE Limited regarding an increase in its share trading volume. The company's response, dated September 9, 2025, follows an email from BSE seeking an explanation for the recent elevated trading activity.

The company stated that, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it has consistently disclosed all material events and information that could impact its operations or performance, including unpublished price-sensitive information. Safari Industries further confirmed that all required events, information, and announcements have been disclosed, with no pending announcements mandated under Regulation 30.

Safari Industries explicitly attributed the movement in its security volume across exchanges purely to market conditions. The company emphasized that its management is in no way connected with such fluctuations, concluding that the increase in share volume is absolutely market-driven.