Nucleus Software Exports Limited has formally responded to an inquiry from BSE Limited regarding unusual trading volume movement in its shares. The company received the inquiry on March 16, 2026, prompting an immediate clarification to the exchange.

Regulatory Compliance Confirmation

In its response to BSE's volume movement letter, Nucleus Software emphasized its adherence to regulatory disclosure requirements. The company stated that it has made all necessary disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market-Driven Volume Movement

The software company clarified that the increased trading volume in its shares is purely market-driven and attributed to prevailing market conditions. Nucleus Software confirmed that no undisclosed material or price-sensitive information exists that could influence the volume behavior of its scrip.

Official Communication Details

The response was signed by Poonam Bhasin, Company Secretary and Compliance Officer, and digitally submitted on March 16, 2026. The communication was made in reference to BSE Limited's email L/SURV/ONL/PV/SG/ 2025-2026 / 980, which was received on the same date.

Corporate Information

Nucleus Software Exports Limited maintains its registered office at 33-35 Thyagraj Nagar, New Delhi. The company's proactive response demonstrates its commitment to maintaining transparency with stock exchanges and regulatory compliance in accordance with listing obligations.

Nucleus software Exports Limited has announced the incorporation of a wholly owned subsidiary company in Vietnam, marking its expansion into the Southeast Asian market. The company informed stock exchanges about this strategic development through a regulatory filing dated February 18, 2026.

Subsidiary Company Details

The newly incorporated entity, Nucleus Software Vietnam Company Limited, was established on February 05, 2026, with specific operational objectives and financial parameters:

Business Objectives and Operations

The Vietnam subsidiary has been established with dual operational focus areas. The entity will serve as a business development and sales hub for the region while simultaneously providing software development services to local customers in Vietnam. As a newly incorporated company, it is yet to commence business operations and therefore has no turnover history.

Regulatory Compliance and Approvals

The incorporation has been completed in compliance with SEBI Listing Regulations, specifically under Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has obtained necessary approval from the Department of Finance in Vietnam for the establishment.

Related Party Transaction Status

The company has clarified that this initial subscription does not fall within the purview of Related Party Transactions. Additionally, the promoter, promoter group, or group companies of Nucleus Software Exports Limited do not have any interest in the newly incorporated Vietnam entity.

Strategic Expansion

This incorporation represents Nucleus Software's strategic expansion into the Vietnamese market, focusing on IT and IT related services. The establishment of the subsidiary aligns with the company's main line of business, providing opportunities for local market penetration and service delivery in the region.