Description
Tejas Networks confirms no undisclosed material information requiring disclosure under SEBI Listing Regulations in response to exchange queries on volume spike.
Summary
Tejas Networks Limited responded to queries from NSE (dated November 12, 2025) and BSE (dated November 13, 2025) regarding unusual trading volume activity in its scrip. The company confirmed full compliance with SEBI Listing Regulations and stated there is no undisclosed information or impending announcement that could explain the price/volume behavior.
Key Points
- Exchange queries received from NSE on November 12, 2025 and BSE on November 13, 2025
- Company confirms compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- No material information or impending announcement requiring disclosure
- No factors identified that may explain the unusual trading volume/price movement
- Clarification signed by Anantha Murthy N, Company Secretary & Compliance Officer
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
This is a response to exchange surveillance queries. The company has confirmed its ongoing compliance with:
- Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Standard disclosure requirements for material events and information
Important Dates
- November 12, 2025: NSE query received
- November 13, 2025: BSE query received; Company response issued
Impact Assessment
Market Impact: Minimal. This is a standard clarification in response to exchange surveillance mechanisms when unusual trading activity is detected. The company’s confirmation of no undisclosed material information should provide reassurance to market participants.
Trading Impact: No direct impact. The clarification aims to address potential speculation and maintain orderly market conditions for the scrip.
Investor Impact: Neutral. Investors are informed that the volume spike is not attributable to any corporate development or pending announcement that the company is aware of.
Impact Justification
Routine clarification confirming no material undisclosed information; standard exchange surveillance response with no new developments or market impact