Usha Martin Limited has responded to a surveillance query from the National Stock Exchange concerning a significant surge in the trading volume of its equity shares. The exchange had written to the company seeking clarification to ensure investors have access to the latest relevant information and to safeguard market integrity.
The response, dated May 27, 2026, was submitted in reference to the exchange's letter NSE/CM/Surveillance/17029 issued on the same date. Usha Martin Limited stated that it has been complying with all disclosure requirements under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and has been disclosing all necessary information to the exchange.
Usha Martin Limited confirmed that, to the best of its knowledge, there exists no pending information or impending announcement that requires disclosure and that may have a bearing on the price or volume behaviour of its scrip. Usha Martin Limited stated that all material information has been communicated to the stock exchanges in a timely manner.
Usha Martin Limited has reassured the exchange of its continued adherence to the disclosure requirements under the SEBI regulations. It has undertaken to keep the stock exchanges informed of any material information or event as and when it arises, in compliance with the LODR framework.
The clarification was issued by Manish Agarwal, Company Secretary and Compliance Officer of Usha Martin Limited. Usha Martin Limited, incorporated in 1986 and headquartered at 2A Shakespeare Sarani in Kolkata, is registered under CIN L31400WB1986PLC091621.
The exchange had observed a significant increase in volume in the scrip of Usha Martin Limited and had proactively sought a response from the company to inform the market and protect investor interest.
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.