RAIP Corp Limited Clarifies Unusual Trading Volume Surge to BSE
RAIP Corp Limited responded to BSE's inquiry about unusual trading volume surge, clarifying that no undisclosed material information exists that could impact share price movements. The company emphasized its regular compliance with SEBI Listing Regulations and stated that management has no connection with the recent increase in trading activity. Managing Director Rupinder Singh Arora assured continued adherence to all regulatory requirements and transparency standards.
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RAIP Corp Limited has issued a clarification to BSE Limited regarding the significant increase in trading volume of its securities, responding to an exchange inquiry dated February 27, 2026. The company, formerly known as Rap Media Limited, addressed concerns about unusual market activity in its scrip.
Regulatory Compliance and Disclosure
The company emphasized its commitment to regulatory compliance in its response to BSE. RAIP Corp stated that it has been regularly and timely disseminating information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that all material information that could have a bearing on price or volume behavior has been properly disclosed to stock exchanges.
Management's Position on Trading Activity
RAIP Corp's management made clear distinctions regarding their involvement in recent trading patterns:
| Parameter: | Company's Position |
|---|---|
| Undisclosed Information: | No material information pending disclosure |
| Management Connection: | No connection with price/volume increase |
| Regulatory Compliance: | Full adherence to SEBI Listing Regulations |
| Disclosure Standards: | Regular and timely updates maintained |
Company Details and Communication
The clarification was signed by Rupinder Singh Arora, Managing Director (DIN: 00043968), and digitally authenticated on February 27, 2026. The company operates under CIN L65990MH1994PLC084098 and trades on BSE under scrip code 531583.
Commitment to Transparency
RAIP Corp assured stakeholders of its continued commitment to transparency and regulatory compliance. The company stated it follows necessary standards of disclosure and has promptly updated stock exchanges about all material events. Management emphasized their dedication to adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable laws.
The company's registered office is located at B1 Lilaram Bhavan, Dandpada Khar Danda, Khar West Mumbai 400 052, and it maintains regular communication channels through its official website and email for stakeholder queries.
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