NLC India issues Clarification on Movement in Volume of Company’s Scrip

Neyveli, 21 May 2025: State-run NLC India issues a clarification regarding an announcement that shows that the company has not yet informed about any additional information about the change in volume or price of the trading company’s scrip across stock exchanges.

The exchange stated that, in the opinion of the Company, there is no additional information and/or announcement (including impending announcement), in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which may have a bearing on the Price/Volume behavior of the Company's Scrip as traded across exchanges.

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Further, please note that the Company’s management is no way connected with any increase in Price/Volume of the Company's Scrip. Therefore, the increase in Price/Volume of the Company’s Scrip is purely due to market conditions and absolutely market-driven, it added.

It stated that the Company has been regularly disseminating price-sensitive information from time to time in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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