A reply letter attached in regards to BSE Letter vide email dated 09-05-2025
EFCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BSE had written to EFC (I) Ltd on May 9, 2025, asking the company to explain a significant rise in the trading volume of its shares. In its reply, the company stated that there is no undisclosed event, information, or announcement under SEBI Listing Regulations that could have caused the volume movement. The company attributed the volume increase purely to market-driven conditions and denied any management involvement in the trading activity. It also reaffirmed that it has been regularly disclosing all unpublished price-sensitive information as required by SEBI (LODR) Regulations, 2015.
For shareholders, this is a routine regulatory clarification with no material new information. The BSE query and company's denial of any undisclosed event may briefly calm speculation, but the unusual volume itself could still attract retail attention or further exchange scrutiny.