Attached our reply to the volume movement letter (through email) received by the Company today.
HBLENGINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HBL Engineering Ltd has responded to a BSE Surveillance email dated May 15, 2025 seeking clarification on a significant rise in trading volume of its shares. The company stated it is in compliance with SEBI (LODR) Regulations and has been promptly informing stock exchanges of all material events, including price-sensitive information. The latest announcement to the exchanges was made on May 14, 2025. The company clarified that there is no undisclosed price-sensitive information or any impending corporate action that could explain the volume movement, attributing any changes to broader macro market factors beyond its control. The Company Secretary, GBS Naidu, signed the reply and assured continued timely disclosures as required under SEBI norms.
This is a routine regulatory clarification with no negative implications for shareholders. The company has confirmed there is no hidden information driving the volume surge, which should reassure investors that the trading activity is likely market-driven rather than due to any undisclosed corporate development.