Avadh Sugar & Energy Limited has issued a clarification to BSE Limited regarding significant increase in trading volume of its equity shares. The company responded to a surveillance query dated March 02, 2026, addressing concerns about unusual market activity in its securities.

Company's Response to BSE Surveillance

The sugar and energy company clarified that it remains in compliance with all applicable disclosure requirements under SEBI regulations. The company emphasized that all material information and events requiring disclosure have been duly intimated to stock exchanges within prescribed timelines.

Regulatory Compliance Confirmation

Avadh Sugar & Energy confirmed its compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that as on date, no event has occurred which requires disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Market-Driven Volume Movement

The company attributed the increase in trading volume of its equity shares as purely market driven. This clarification suggests that the volume surge was not related to any undisclosed corporate developments or price sensitive information.

Future Disclosure Commitments

The company assured that in case of any event requiring disclosure, it will intimate the same to stock exchanges in accordance with applicable regulatory requirements. The response was signed by Prashant Kapoor, Company Secretary with ACS membership number 15576, and was digitally signed on March 02, 2026.

Vishal Mega Mart has received significant institutional investment through bulk share purchases from prominent investors, marking a notable development for the retail chain.

Major Institutional Investments

The company has attracted investments from three major institutional players:

• HDFC Mutual Fund - Leading domestic asset management company
• Singapore Government - Sovereign investment entity
• MAS (Monetary Authority of Singapore) - Singapore's central bank and financial regulator

Investment Significance

These bulk share purchases represent substantial institutional confidence in Vishal Mega Mart's business model and growth prospects. The participation of both domestic and international institutional investors demonstrates the company's appeal across different investor categories.

The involvement of Singapore-based entities, including both the Singapore Government and MAS, highlights the international recognition of the Indian retail sector's potential. HDFC Mutual Fund's participation reinforces domestic institutional support for the company.

Market Impact

The bulk transactions indicate significant capital inflows into Vishal Mega Mart, providing the company with enhanced institutional backing. Such investments typically reflect thorough due diligence by sophisticated investors and can serve as a positive signal to the broader market about the company's fundamentals and future prospects.