Clarification on Volume Movement of the Company
REFEX · price
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Awaiting price reaction for this filing.
Refex Industries responded to a BSE query dated January 1, 2026, asking the company to explain an unusual increase in the trading volume and/or price of its shares. The company's Company Secretary, Ankit Poddar, stated that there is no undisclosed material information, event, or announcement that could explain the price/volume movement. The company confirmed full compliance with SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, and asserted that the recent increase in price and trading volume is purely market-driven and beyond the company's control.
This is a routine 'no-event' clarification, not a negative disclosure. For shareholders, it means the company is denying any hidden news behind the stock's price/volume spike, which generally provides comfort but does not explain the actual reason for the unusual trading activity.