NSESpurt in Volume6d ago · 10 Oct 2026, 12:21 pm
Spurt in Volume
Mangal Electrical Industries Limited · MEIL
✦ AI SummaryRegulatory
Mangal Electrical Industries Limited has responded to the National Stock Exchange's inquiry regarding a significant increase in volume of its securities, stating that the movement is market-driven and the company is in compliance with all applicable provisions of the SEBI LODR.
Analysis Scores
Earnings Impact5/10
Growth Catalyst5/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Significant increase in volume has been observed in Mangal Electrical Industries Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Mangal Electrical Industries Limited has submitted their response.
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MANGALS_10102026121729_Clarification_10102026.pdf
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October 10, 2026
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex, Bandra (East),
Mumbai - 400 051, Maharashtra, India
Scrip Code: 544492 Symbol: MEIL
Sub: Clarification on increase in volume
Ref: Your letter no. NSE/CM/Surveillance/17682 dated October 09, 2026
Dear Sir/Madam,
With reference to your letter cited above, regarding the increase in the volume of the Company’s
securities, we wish to submit as follows:
The Company has made all disclosures and announcements required under Regulation 30 and other
applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“SEBI LODR”), and all such disclosures are available on the websites of the Exchanges and the
Company. As on date, there is no information or announcement, including any impending
announcement, that is pending disclosure and that, in our opinion, may have a bearing on the
price/volume behaviour of the Company’s securities.
The movement in the price/volume of the Company’s securities is purely market-driven, and the
Company has no control over it.
We confirm that the Company is in compliance with all applicable provisions of the SEBI LODR, and
will continue to promptly intimate the Exchanges of any event or information that requires disclosure.
You are requested to take the above on record.
Thanking you,
Yours sincerely,
for Mangal Electrical Industries Limited
Naresh Kumar Sharma
Company Secretary & Compliance Officer
Membership No. A12005