IKIO Technologies Clarifies Volume Movement Concerns to BSE and NSE
Team Finance Saathi
22/Mar/2025

What's covered under the Article:
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IKIO Technologies responds to BSE and NSE regarding volume movement in its security.
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The company confirms compliance with SEBI regulations and provides necessary clarifications.
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No pending announcements or information affecting the security's price/volume behavior.
IKIO Technologies Limited, formerly known as IKIO Lighting Limited, has addressed the BSE Limited and National Stock Exchange (NSE) following inquiries about the significant movement in the volume of its security in recent days. The company has made the necessary clarifications, reaffirming its commitment to regulatory compliance and transparency.
Clarification on Volume Movement
In response to the communication from the exchanges, IKIO Technologies has confirmed that there are no pending announcements or information from the company that may affect the price or volume behavior of its securities. The company clarified that the volume movement is purely market-driven and does not reflect any upcoming disclosures or price-sensitive information.
SEBI Regulation 30 Compliance
IKIO Technologies emphasized that it has been strictly complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has always ensured that relevant disclosures and announcements are made within the stipulated timelines as required by the listing regulations. The company further assured that all information and announcements necessary to be disclosed, including price-sensitive data, have been duly communicated to the stock exchanges in a timely manner.
Details of the Exchange Correspondence
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BSE's Inquiry: On March 21, 2025, the BSE Surveillance Department raised an inquiry regarding the significant price movement of IKIO Technologies' stock. They requested the company to provide any information or announcements that could be influencing the market behavior of the security.
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NSE's Inquiry: Similarly, on the same day, the NSE Surveillance Department also sent a request seeking clarification on the price and volume movement of the stock.
In both cases, the exchanges referenced Regulation 30 of the SEBI listing regulations, which mandates companies to disclose all material information that could impact the performance of their securities, including price-sensitive data.
Company's Response
IKIO Technologies responded promptly to both exchanges, assuring that it has no material announcements pending that could affect the price or volume of its security. The company reiterated that it complies with all regulatory requirements and maintains transparency with investors.
Conclusion and Future Actions
IKIO Technologies has expressed its commitment to ensuring that all necessary regulatory filings are made without delay and that the investors are provided with accurate and timely information. The company also emphasized that the recent price and volume movements are market-driven and that it is not in possession of any unpublished price-sensitive information.
The company concluded by requesting the exchanges to record its clarification and reaffirming its commitment to regulatory compliance moving forward.
This clarification ensures that investors and stakeholders have accurate information regarding the company's stock performance, reducing any potential confusion or speculation surrounding the recent market behavior.
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