AXISCADES Technologies Limited (formerly AXISCADES Engineering Technologies Limited) has issued a clarification in response to emails from the National Stock Exchange of India Limited and BSE Limited regarding a significant increase in the trading volume of its shares. The company stated that it has consistently made prompt and timely disclosures of all material events and information that could impact its operations or performance, as required by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. AXISCADES confirmed that, to the best of its knowledge, there are currently no undisclosed material events or information that would necessitate a disclosure under Regulation 30 of the SEBI Listing Regulations. Therefore, the observed surge in trading volume is attributed to market-driven factors. The company reiterated its commitment to promptly disclose any unpublished price sensitive information (UPSI) upon crystallization and due approval, in compliance with SEBI regulations. AXISCADES assured stakeholders of its continued adherence to all applicable regulations and its commitment to making timely disclosures.
