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Patel Engineering Denies Material Information Impacting Volume Surge

Patel Engineering Limited

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January 19, 2026, 04:25 AM

Patel Engineering Limited clarified a recent surge in trading volume, stating no material information or announcements are pending. The company completed a Rights Issue in December 2025, increasing its share count by over 14.77 crore shares. The volume increase is attributed to market drivers.

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Patel Engineering Limited has responded to an inquiry from the National Stock Exchange of India regarding a significant increase in trading volume for its securities. In a clarification dated January 19, 2026, the company stated that there is no undisclosed information or announcement that would explain the surge in volume.

The company highlighted that its operations have remained consistent with the results declared in the last two quarters. Patel Engineering recently completed a Rights Issue in December 2025, which increased its total number of shares by 14,77,65,820. The company reiterated its commitment to informing the exchange about any press releases concerning awarded projects before their public dissemination.

Patel Engineering concluded that the recent increase in its share volume is entirely market-driven. The company affirmed its adherence to SEBI regulations, consistently disclosing all material information and events affecting its operations and performance to the stock exchanges.

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