Atul auto Limited has issued a formal response to BSE Limited regarding queries about increased trading volumes in the company's shares. The communication, dated February 03, 2026, addresses concerns raised by the exchange's surveillance department about unusual market activity.

Company's Official Response

The Gujarat-based automaker clarified its position through Company Secretary and Compliance Officer Paras J. Viramgama. The company emphasized that it has maintained full transparency in its disclosures to the stock exchange. The response was digitally signed on February 03, 2026, at 13:00:55 +05'30', demonstrating the formal nature of the communication.

Regulatory Compliance Confirmation

Atul Auto stated that it has intimated all events and information bearing on the company's operations and performance to the exchange. The company specifically mentioned compliance with price-sensitive information disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The automaker confirmed that no material information or events that could influence price or volume behavior have been withheld from regulatory authorities. This statement reinforces the company's commitment to maintaining transparency with investors and regulatory bodies.

Market-Driven Volume Increase

Regarding the significant increase in trading volume, Atul Auto attributed the surge to prevailing market conditions. The company characterized the volume increase as "absolutely market driven," suggesting that external market factors rather than company-specific developments were responsible for the heightened trading activity.

Corporate Information

Atul Auto Limited operates with Corporate Identification Number L54100GJ1986PLC016999. The company's registered office and manufacturing facility are located at National Highway 8-B, Near Microwave Tower, Shapar (Veraval), Rajkot – 360024 in Gujarat. The automaker continues its regular operations while maintaining ongoing compliance with stock exchange regulations and disclosure requirements.

Atul Auto has reported robust sales performance for January 2026, with total unit sales reaching 3,606 vehicles compared to 2,772 units in the corresponding period last year. This represents a significant year-on-year growth of 30.09%, driven primarily by strong performance in IC Engine three-wheelers.

Segment-wise Sales Performance

The company's January 2026 sales were led by IC Engine three-wheelers, which demonstrated exceptional growth of 46.20% with 2,965 units sold compared to 2,028 units in January 2025. The domestic IC Engine segment alone recorded 2,301 units, representing a substantial 40.82% increase from 1,634 units in the previous year.

Electric Vehicle Segment Analysis

The electric vehicle segments showed mixed performance during January 2026. EV - L3 category recorded modest growth of 3.47% with 537 units sold compared to 519 units in January 2025. However, the EV - L5 segment experienced a decline of 53.78%, with sales dropping to 104 units from 225 units in the previous year.

Year-to-Date Performance

The company's cumulative performance for the fiscal year shows positive momentum with total sales of 30,799 units compared to 27,419 units in the corresponding period of the previous fiscal year, marking a growth of 12.33%.

Market Position and Outlook

The strong January performance, particularly in IC Engine three-wheelers, demonstrates Atul Auto's strengthening market position. The company's ability to achieve substantial growth in the IC Engine segment reflects effective market penetration strategies and robust demand for conventional three-wheelers. The sales update was filed under Regulation 30 compliance requirements, highlighting the company's commitment to transparent investor communication.