Spurt in Volume

Ref: BCIL/SE/2026/40 June 20, 2026 Mr. Amit Shinde Chief Manager Surveillance National Stock Exchange of India Limited Exchange Plaza, C-1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051 Symbol: BHAGCHEM Subject: Clarification on Spurt in Volume Ref. No: NSE/CM/Surveillance/17130, dated June 19, 2026 Dear Sir / Madam, This is with reference to your Mail and Letter Ref. No: NSE/CM/Surveillance/17130, dated June 19, 2026, seeking clarification from the company with respect to significant increase in the volume of company’s security across Exchanges, in the recent past (spurt in volume). We would like to submit that the Company is disclosing all the events, information etc that have a bearing on the operation/performance of the company and on the volume in the scrip of the Company (which include all price sensitive information) to the Stock Exchanges timely as per the requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, and such other applicable laws and the company shall continue to adhere to the said Regulations. Further, we would like to inform that there is no material event/ or information, announcement (including impending announcement) which requires/or is pending for any disclosures in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to the Stock Exchanges which in our opinion may have a bearing on the price / volume behavior in the scrip. We submit that the spurt in volume of the company’s scrip in the recent past across Exchanges is purely market driven and beyond the control of the Company. Kindly take the same on record and display on the website of your exchange. Thanks & Regards, For Bhagiradha Chemicals and Industries Limited, Sharanya. M Company Secretary & Compliance Officer M. No: F13842