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IDBI Bank Responds to NSE on Volume Spurt, Denies Pending Disclosures

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18 June 2026 at 11:05 am
2 min read

IDBI Bank Limited responded to the National Stock Exchange of India's inquiry concerning a significant surge in trading volume of its shares across exchanges. The exchange flagged the volume spurt in its letter NSE/CM/Surveillance/17116 dated June 17, 2026 seeking clarification from the bank.

In its filing dated June 18, 2026, the bank confirmed that it has been complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. IDBI Bank has been promptly informing stock exchanges of all events and information that may have a bearing on its operations, performance, and price-sensitive matters from time to time.

The bank stated there is no undisclosed or price-sensitive information or any impending announcement that requires communication to the exchange at this time. The clarification was provided in response to the exchange's specific inquiry regarding the recent volume increase in the bank's securities.

The strategic disinvestment process of IDBI Bank is being managed by the Department of Investment and Public Asset Management (DIPAM). The bank has been making periodic disclosures to stock exchanges regarding developments in the disinvestment process as they occur.

IDBI Bank assured continued compliance with LODR Regulations and prompt disclosure of all material events, information, and actions as required under the regulatory framework. The bank reaffirmed its commitment to transparent communication with market regulators and investors.

Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.

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