Supreme Petrochem Says Volume Spike Market‑Driven, No Insider Trading

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Core Change: Supreme Petrochem Ltd. issued a formal clarification stating that the sharp rise in its share‑trading volume was entirely market‑driven, with no insider trading, financing activity, or strategic announcement involved.
Effective Date: The clarification was provided on 27‑03‑2026, the same day the National Stock Exchange (NSE) sought an explanation.
Impacted Parties:
- Supreme Petrochem Ltd. (company and its management)
- Investors and shareholders of Supreme Petrochem
- National Stock Exchange (NSE), which requested the information
- Securities and Exchange Board of India (SEBI), as the regulator overseeing disclosure compliance
Why: To address the NSE’s query, dispel speculation about insider activity, and reassure the market that the trading surge does not reflect undisclosed corporate events.
Key Compliance/Legal Requirements:
- The company confirmed no pending disclosures under SEBI Regulation 30 (Listing Obligations and Disclosure Requirements) 2015.
- The clarification statement was digitally signed by Company Secretary D.N. Mishra, meeting the required authentication standards.

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