Significant increase in volume has been observed in Sanstar 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. Sanstar Limited has submitted their response.
SANSTAR · price
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NSE raised concerns about significant trading volume and price movement in Sanstar Limited's stock (Scrip Code: 544217). The company responded confirming that all material information and events have been timely disclosed in compliance with SEBI LODR Regulations. The company further clarified that no promoters or related parties have traded in company shares. It also confirmed no price-sensitive information was unreported or delayed, in compliance with both SEBI LODR and SEBI (Prohibition of Insider Trading) Regulations.
The stock saw unusual volume/price activity prompting an exchange query. The company's response indicates no undisclosed material event or insider trading — essentially a standard compliance clarification with no adverse findings for investors.