The clarification sought from the company for the movement in volume is attached herewith for your kind perusal.
CCL · price
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Awaiting price reaction for this filing.
BSE asked CCL Products for a clarification on a recent unusual increase in the stock's trading volume. The company responded saying it has complied with all disclosure rules under SEBI's Listing Regulations and has promptly shared any material information with the exchanges. Management stated that the volume movement is purely market-driven and not connected to anything specific the company has done. No specific reason or corporate action was disclosed as the cause of the price/volume change. The letter is signed by the Company Secretary & Compliance Officer, Sridevi Dasari.
This is a routine volume clarification with no negative news for shareholders. The company has not pointed to any undisclosed event, so investors should treat the price movement as market-driven unless further information emerges.