Pilani Investment Responds to Share Price Spurt, Cites Promoter Trading
Pilani Investment and Industries Corporation Limited has responded to an inquiry from the National Stock Exchange of India and BSE Ltd. regarding an increase in trading volume and price of its shares....
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Why is Pilani Investment and Industries Corporation Limited in the news today?
Pilani Investment and Industries Corporation Limited (PILANIINVS) is in the news due to the company acknowledges a price and volume spurt but attributes it to market factors and states no specific internal reason is known. promoter group transactions are disclosed, which is routine.
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Pilani Investment Responds to Share Price Spurt, Cites Promoter Trading
December 18, 2025, 09:32 AM
Pilani Investment and Industries Corporation Limited has responded to an inquiry from the National Stock Exchange of India and BSE Ltd. regarding an increase in trading volume and price of its shares. The company stated that as of December 18, 2025, it has made all necessary disclosures as per SEBI regulations and has no pending price-sensitive information that could impact the scrip's behavior. The company acknowledged a spurt in share price and volume in recent days but indicated that there are no specific reasons known to them, attributing it to various market influencing factors.
Furthermore, the company disclosed that on December 16, 2025, it granted pre-clearance approval for the purchase of 40,000 equity shares (0.36%) by one promoter group company. On the same date, pre-clearance was also granted for the sale of a total of 33,909 equity shares (0.30%) by two other promoter group companies. The promoter group entities declared they were not in possession of any Unpublished Price Sensitive Information at the time of these transactions.
Pilani Investment reiterated its commitment to complying with all disclosure requirements under the Listing Regulations.
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