Siyaram Silk Mills responds to BSE query on share volume spike

Siyaram Silk Mills Limited responded to a clarification sought by BSE Limited regarding a significant increase in the volume of the company's shares. The company stated it has been consistently making disclosures to the stock exchanges as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company further asserted there is no unpublished price sensitive information or event due for disclosure to the stock exchanges. Siyaram Silk Mills explicitly stated that any increase in the volume of its shares is market driven, implying no internal corporate action is behind the recent trading activity.

The communication was signed by William Fernandes, company secretary, from Siyaram Silk Mills Limited's corporate office in Mumbai.