M.M. Forgings attributes share volume increase to market conditions

M.M. Forgings Limited, in response to a clarification sought by the Corporate Relationship Department and BSE Surveillance, has confirmed there is no pending announcement or price-sensitive information concerning the company's operations and performance. This addresses an inquiry regarding an increase in the volume of its shares traded on stock exchanges.

The company stated it consistently shares all relevant information and announcements impacting its share price and volume with the Stock Exchange. M.M. Forgings affirms strict adherence to all listing norms for disclosure, including those related to insider trading, and reports no pending compliance issues.

According to M.M. Forgings, the observed increase in the volume of the company's shares across exchanges in the recent past is purely attributable to prevailing market conditions and is entirely market-driven. The company hopes this clarification addresses the query.