Reply to BSE w.r.t Clarification Sought - Increase in Volume
RKFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
On 16 May 2025, Ramkrishna Forgings responded to a BSE query (Ref: L/SURV/ONL/PV/AJ/2025-2026/55) seeking clarification on a recent significant increase in trading volume of its shares. The company stated that it is fully compliant with SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, and has promptly disclosed all material events to the stock exchanges as required under Regulation 30. The company confirmed that there is no unpublished price sensitive information (UPSI) pending disclosure at this time. It attributed the higher trading volumes purely to normal market conditions and market-driven activity, with no company-specific trigger. The reply was signed by Rajesh Mundhra, Company Secretary & Compliance Officer.
This is a standard reassuring response to an exchange volume query, with no negative corporate disclosure, so it should ease any short-term investor concern about hidden news behind the price/volume spike. No material action is expected on the stock from this filing itself.