Sandur Manganese clarifies share volume increase, cites market dynamics

The Sandur Manganese & Iron Ores Limited (SMIORE) has issued a clarification regarding a recent increase in its shares' trading volume across stock exchanges. In response to an email from BSE Limited, the company stated it has made all necessary disclosures as per Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company affirmed that it has not withheld any other information or announcement, including any pending announcements, which could impact the price or volume behavior of its shares. SMIORE clarified that the observed increase in volume is primarily market-driven and that the company does not possess any specific information correlating to this movement. Both BSE Limited and the National Stock Exchange of India Limited were requested to take this clarification on record.