Triveni Turbine addresses BSE query on share volume surge

Triveni Turbine Limited has responded to a clarification sought by BSE Surveillance regarding a significant increase in the trading volume of the company's shares. The company received an email from BSE requesting a response to the observed volume increase.

In its reply, Triveni Turbine stated that there is no undisclosed material event or information concerning its operations and performance that has not been disclosed to the Stock Exchanges. Furthermore, the company affirmed that no unpublished price-sensitive information is currently prevalent within the organization. Triveni Turbine emphasized its commitment to transparent and timely dissemination of any price-sensitive information, adhering to applicable rules, regulations, and guidelines.

The company concluded that any movement or increase in the volume of its security is subject to broader market forces, which are beyond its direct control. This response aims to provide clarity and records for the regulators and the market regarding the recent trading activity.