With reference to respective email referred above seeking clarification from the Company on increase in volume, RITES has clarified and confirmed that they are in compliance with all applicable disclosures and they are not aware of any reason that could have prompted a sudden change in the transaction volumes in the recent past as stated in aforesaid email. They confirmed that, there are no pending disclosures warranted under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 in respect of the Company to the Stock Exchange(s). They would keep the Exchange(s) informed with regard to any such developments/ updates, as applicable.
The above information is a part of company’s filings submitted to BSE.