Indegene Limited has issued a formal response to the Bombay Stock Exchange (BSE) regarding an inquiry about significant price and volume movements in the company's securities. The clarification, dated March 24, 2026, addresses BSE's concerns under reference number L/SURV/ONL/PV/SG/ 2025-2026 / 996.

Company's Official Response

In its communication to BSE, Indegene confirmed that there is no pending information or undisclosed material event that could significantly impact the price or trading volume of the company's securities as of the date of communication. The company attributed the recent market movements and volatility to prevailing market conditions and investor sentiment rather than any specific corporate developments.

Regulatory Compliance Commitment

The company emphasized its commitment to maintaining transparent and timely disclosures in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Indegene assured that any material developments will be communicated in accordance with applicable regulatory requirements.

Communication Details

The response was digitally signed by Srishti Ramesh Kaushik, who serves as the Company Secretary and Compliance Officer for Indegene Limited. The communication was submitted to BSE's Phiroze Jeejeebhoy Towers office in Mumbai for official records and information purposes.

Indegene Limited has announced that its Board of Directors approved resolutions for share allotment under the company's RSU 2020 plan on March 18, 2026. The resolutions were passed through circulation, indicating efficient board governance processes.

Board Resolution Details

The board approved two specific resolutions related to the RSU 2020 plan implementation:

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions. The disclosure demonstrates Indegene's commitment to maintaining transparency with stakeholders and regulatory compliance.

Corporate Governance

The resolutions were formally communicated to both major stock exchanges where Indegene shares are listed. The company secretary and compliance officer, Srishti Ramesh Kaushik, signed the disclosure document, ensuring proper authorization and documentation of the board decisions.

The RSU 2020 plan represents part of Indegene's employee compensation and retention strategy, allowing eligible employees to receive company shares as part of their remuneration package. The dual structure of bonus and non-bonus elements provides flexibility in the implementation of the employee stock option scheme.