ISGEC clarifies volume surge is market-driven

ISGEC Heavy Engineering Limited has responded to an email from BSE Limited regarding a significant increase in the trading volume of its securities. The company clarified that, to its knowledge and information, there is no undisclosed event, information, or impending announcement that would require disclosure under Listing Regulations and impact the stock's price or volume behavior.

The company affirmed its commitment to timely disclosure of all events and price-sensitive information, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. ISGEC concluded that the recent movement in its securities' trading volume appears to be purely market-driven.

The clarification was signed by kalyan ghosh, chief legal officer and compliance officer, and sachin saluja, company secretary.