NSESpurt in Volume19 Jun 2026 · 19 Jun 2026, 09:08 am
Spurt in Volume
Panama Petrochem Limited · PANAMAPET
✦ AI Summary
Panama Petrochem Limited addressed an NSE query regarding a significant increase in its trading volume. The company clarified that it has consistently disclosed all price-sensitive information to the stock exchange. They stated that the observed rise in equity share volume is purely due to investors' perceptions based on information already made public. This suggests there is no new, undisclosed corporate development or fundamental reason driving the recent surge in trading activity.
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Full Announcement
Significant increase in volume has been observed in Panama Petrochem 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. Panama Petrochem Limited has submitted their response.
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PANAMAPET_19062026090737_nseletter.pdf
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Corporate Office & Communication Address:
40I Aza House, 24, Turner Road, Bandra (W), Mumbai 400 050.
Website: www.panamapetro.com Phone : 9I-22-42I77777 I Fax : 9I-
22-42I77788 I E-mail : ho@panamapetro.com
CIN No. L23209GJI982PLC005062
To, June 19, 2026
Mr. Amit Shinde,
Chief Manager- Surveillance
National Stock Exchange of India Limited
Exchange Plaza,5th Floor, Plot No. C/1
G Block, Bandra-Kurla Complex
Bandra (E), Mumbai-400 051
Scrip Symbol: PANAMAPET
Subject: Clarification on Spurt in Volume
Dear Sir/Madam,
This is in response to your e-mail Letter No. NSE/CM/Surveillance/17126 dated June 18,
2026. In this regard, we would like to clarify that the Company has been regularly sharing
all information/announcements that may have a bearing on the operation/performance of
the company including all price sensitive information with the stock exchange. Further, we
wish to clarify that increase in volume the Company’s equity shares is purely as per
investors’ perceptions based on information already disseminated to the Stock Exchanges.
The Company has not withheld any material information/event that in our opinion, would
have a bearing on the price/volume behavior of our Company's equity shares.
It is reiterated that we have been regularly following and complying with all the listing
norms for disclosures and the Company is in no way, directly or indirectly, involved in any
increase of the price/volume of its equity shares across the Exchanges.
Kindly take the above submission on your record.
Thanking You,
Yours faithfully,
For Panama Petrochem Limited
Gayatri Sharma
Company Secretary & Compliance Officer