Reply to clarification sought by BSE Ltd on significant increase in volume of company''s scrip

Ref: BCIL/SE/2026/41 June 22, 2026 BSE Surveillance BSE Limited P J Towers, Dalal Street, Mumbai -400001, India Scrip Code: 531719 Subject: Clarification on Movement in Volume Ref: BSE Mail dated June 22, 2026 Volume Movement Letter No. L/SURV/ONL/PV/SG/ 2026-2027 / 170, dated June 22, 2026 Dear Sir / Madam, This is with reference to your Mail and Volume Movement Letter No. L/SURV/ONL/PV/SG/ 2026- 2027 / 170, dated June 22, 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 pending 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 significant increase in the volume of company’s security across Exchanges, in the recent 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