Jindal Drilling & Industries Limited has issued a formal response to stock exchange queries regarding significant price movements in its securities. The company addressed clarification requests from both BSE and NSE through an official communication dated March 11, 2026.

Stock Exchange Communication Details

The company responded to specific reference numbers from both major exchanges regarding the recent price volatility:

Company's Official Response

Jindal Drilling & Industries confirmed that all material information has been properly disclosed to stock exchanges in accordance with regulatory requirements. The company emphasized its compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.

Company Secretary Binaya Kumar Dash signed the official response, stating that there is no other development or information required to be disclosed to stock exchanges under Regulation 30 of the SEBI regulations. The communication was digitally signed on March 11, 2026, at 10:37:52 +05'30'.

Regulatory Compliance Statement

The company's response highlights its adherence to transparency requirements under securities regulations. Jindal Drilling & Industries reiterated that all material developments have been communicated to the exchanges as per the prescribed disclosure norms, indicating no undisclosed information that could explain the recent price movements.

Jindal Drilling & Industries Limited has issued a formal response to stock exchanges regarding queries about increased trading volumes in the company's securities. The response was submitted to both BSE and NSE on March 3, 2026, addressing concerns about the recent surge in trading activity.

Stock Exchange Communication

The company received queries from both major stock exchanges seeking clarification on the significant increase in trading volume of its securities across exchanges in recent times. Company Secretary Binaya Kumar Dash signed the official response addressing these concerns.

Regulatory Compliance Statement

In its response, Jindal Drilling & Industries emphasized its commitment to regulatory compliance and transparency. The company stated that all material information has been duly informed to the stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.

The management clarified that there is no other development or information required to be disclosed to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates companies to disclose material events and information that could impact investor decisions.

Corporate Structure

The company operates from multiple locations with its interim corporate office located in Sector-44, Gurgaon, Haryana. The registered office is situated in Pipe Nagar, Village Sukeli, Raigad district, Maharashtra. Jindal Drilling & Industries is part of the Jindal Group of India and maintains membership with the International Association of Drilling Contractors, Houston, Texas, USA.

Market Response

The formal clarification aims to address market concerns and maintain transparency regarding the recent trading activity. Such communications are standard practice when exchanges notice unusual trading patterns and seek explanations from listed companies to ensure market integrity and investor protection.