Quality Power Electrical Equipments Limited has issued a clarification to BSE Limited regarding the recent significant increase in trading volume of its equity shares. The response, dated January 2, 2026, addresses BSE's surveillance inquiry about unusual market activity in the company's stock.

Company's Official Response

In its communication to BSE Surveillance, the company categorically stated that it has made all necessary disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The management emphasized that there is no undisclosed event or information, including any impending announcements, that could influence the price or volume behavior of its equity shares.

Market-Driven Volume Surge

The company attributed the significant increase in trading volume to purely market-driven factors, stating that it neither has control over nor knowledge of the specific reasons behind the unusual activity. Quality Power Electrical Equipments emphasized that while it is pursuing multiple business opportunities in the current environment, it maintains strict compliance with SEBI LODR requirements and promptly informs stock exchanges when any opportunities materialize.

Corporate Governance Commitment

The management reaffirmed its commitment to best corporate governance practices and regulatory compliance. The company assured stakeholders that it will continue making timely disclosures of events and information in accordance with Regulation 30 of the Listing Regulations. Company Secretary and Compliance Officer Deepak Ramchandra Suryavanshi, with ICSI Membership No. A27641, digitally signed the clarification document.

Regulatory Context

The clarification comes as part of standard stock exchange surveillance procedures designed to ensure market integrity and protect investor interests. Such inquiries are routine when exchanges observe unusual trading patterns or volume spikes in listed securities, requiring companies to confirm whether any material information remains undisclosed to the market.

Quality Power Electrical Equipments has announced a significant change in its senior management structure with the resignation of its President & Head (India Operations), effective December 31, 2025. The company disclosed this development under Regulation 30 of the listing regulations, ensuring compliance with mandatory disclosure requirements.

Resignation Details

The resignation has been formally accepted by the company, and Mr. Moroney will be relieved from his position on the specified date. The announcement was made by Deepak Ramchandra Suryavanshi, Company Secretary and Compliance Officer, who holds ICSI Membership No. A27641.

Regulatory Compliance

The disclosure follows the requirements under Regulation 30(6) read with Para A(7) of Part A of Schedule III of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has provided the mandatory details regarding changes in Senior Management Personnel as required by regulatory guidelines.

Management Transition

The resignation represents a key leadership change for the company's India operations. As per the regulatory disclosure, the brief profile section was marked as not applicable, indicating this pertains to a cessation rather than an appointment. The company has fulfilled its obligation to inform stakeholders about this senior management change within the prescribed regulatory timeframe.

The formal documentation includes all necessary regulatory annexures and compliance certifications, demonstrating the company's adherence to corporate governance standards and transparency requirements for listed entities.