Significant increase in volume has been observed in IRM Energy Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. IRM Energy Limited has submitted their response.

NSE flagged a significant increase in trading volume of IRM Energy's shares and asked the company for a clarification. IRM Energy responded that all required disclosures, including any price-sensitive information, have already been made on time under SEBI listing rules. The company stated there is no undisclosed information or pending event that needs to be shared with the exchanges. It attributed the volume surge purely to market conditions and normal market activity.