Clarification on increase in the volume of shares of Safari Industries (India) Limited
SAFARI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BSE asked Safari Industries to explain a recent rise in trading volume of its shares, flagging it under its surveillance process on 8 September 2025. The company responded on 9 September 2025 stating it has disclosed all material events and price-sensitive information as required under SEBI's listing rules, and that no announcement is pending. Safari Industries said the increase in share volume is purely market-driven and the management has no role or connection to the price/volume movement. The filing is signed by Company Secretary Rameez Shaikh.
The company is reassuring investors and the exchange that there is no undisclosed information driving the price action. If the market accepts this explanation, the stock may stabilize; however, lingering surveillance scrutiny could keep short-term volatility elevated until trading normalizes.