RITES Limited, in a clarification to the National Stock Exchange on June 8, 2026, stated that it has no undisclosed information or pending announcement that could account for the recent increase in trading volume of its equity shares. The filing was submitted in response to a surveillance query from the exchange regarding significant price and volume movement.
The NSE, under letter reference NSE/CM/Surveillance/17061 dated June 5, 2026, sought clarification from RITES Limited on the significant movement in volume of its security observed in the recent past. The exchange had requested the company to provide any relevant information bearing on the price or volume behavior of the scrip.
RITES Limited informed the exchange that all disclosures required under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, have been submitted to the stock exchanges on a timely basis. RITES Limited confirmed that there is no information or announcement, including any pending announcement, that would have a bearing on the price or volume behavior of its shares.
RITES Limited stated that the movement in the volume of its equity shares is completely market driven. The clarification was submitted by Company Secretary and Compliance Officer Nikhil Agarwal. RITES equity shares are listed under the symbol RITES on the National Stock Exchange and under scrip code 541556 on the Bombay Stock Exchange.
RITES Limited, a central public sector enterprise under the Ministry of Railways, provides consultancy and project management services across transport infrastructure sectors including railways, roads, urban transport, and airports.
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.