MRPL Clarifies Volume Spurt, States No Price-Sensitive Information
Mangalore Refinery and Petrochemicals Limited (MRPL) has responded to an inquiry from the National Stock Exchange (NSE) regarding a significant increase in the trading volume of its shares. The compan...
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Why is Mangalore Refinery and Petrochemicals Limited in the news today?
Mangalore Refinery and Petrochemicals Limited (MRPL) is in the news due to the company clarified a market query regarding volume spurt, stating no price-sensitive information. the sentiment is neutral as there's no positive or negative development reported, only a clarification of market activity.
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MRPL Clarifies Volume Spurt, States No Price-Sensitive Information
January 2, 2026, 06:49 AM
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Mangalore Refinery and Petrochemicals Limited (MRPL) has responded to an inquiry from the National Stock Exchange (NSE) regarding a significant increase in the trading volume of its shares. The company clarified that there is no unpublished price-sensitive information or event that requires disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
MRPL stated that any movement in its share volume is market-driven and not influenced by any specific company event or announcement. The clarification was issued following an email from the NSE Surveillance team dated December 31, 2025, at 17:47 Hrs, seeking details on the unusual trading activity.
The company assured stakeholders that the matter is clarified and that no material information necessitating disclosure has been withheld. This response aims to address the market's attention towards the recent surge in MRPL's stock activity.
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