Emami clarifies on spurt in trading volumes of securities

12 Jan 2022 , 12:28 PM

In response to the letter issued by Exchange, Emami clarifies on the increased volume of trades in securities of the company.

It mentioned that the company furnished all the material information having bearing on operations/performance of the Company, including price-sensitive information, within the specified time. So as to facilitate investors to get the latest relevant information about the Company on a regular and timely basis.

The increase, as observed by the exchange, is solely on account of market conditions and is absolutely market-driven.

Emami confirmed that there is no price-sensitive or any reportable information or announcement which have a bearing on price/volume behavior in the scrip.

The company is well aware of its obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has been duly complying with the same, and shall continue to do so.

Emami Paper Mills Ltd is currently trading at Rs174.50 up by Rs3.15 or 1.84% from its previous closing of Rs171.35 on the BSE.

The scrip opened at Rs177.50 and has touched a high and low of Rs193 and Rs171.45 respectively.