HFCL: Clarification On Significant Volume Movement In Company'S Shares

In this connection we would like to submit that the Company has consistently disclosed in a timely and transparent manner all the events and information that may have a bearing on its operations and performance including all price sensitive information as required to be disclosed under the provisions of Regulation 30 and other applicable regulations of the SEBI (LODR) Regulations 2015 (SEBI Listing Regulations). We would further like to submit that there is no pending information or event which in our opinion could have influenced the recent volume movement in the Companys scrip. The observed increase in trading volume appears to be driven purely by market dynamics.The Company reiterates its commitment to full compliance with the SEBI Listing Regulations and assures the Stock Exchange that it will continue to promptly disclose any material information or event as and when it arises in accordance with the provisions of the said regulations.