India-based TVS Srichakra Limited, a leading tyre manufacturer headquartered in Tamil Nadu, has clarified that it is unaware of any undisclosed material developments behind the recent surge in its stock trading volume.
TVS Srichakra Limited (Tamil Nadu, India), a prominent manufacturer of two- and three-wheeler tyres and industrial off-highway tyres under the TVS Eurogrip brand, has issued a clarification regarding the unusual surge in trading volume of its shares. The clarification came in response to a letter from BSE Limited dated July 3, 2025.
The exchange had inquired about a significant increase in the volume of TVS Srichakra shares being traded. In its reply, TVS Srichakra stated that it has consistently complied with the disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company emphasized that it has not withheld any material information that could influence investor decisions or share price movement. “There is no information or impending announcement which in our view has a bearing on the price/volume behavior of the company’s shares,” said Chinmoy Patnaik, Company Secretary & Compliance Officer.
TVS Srichakra further reiterated its commitment to corporate governance and timely compliance with regulatory frameworks. The company also expressed regret over the delay in responding to the stock exchange query.
Headquartered in Madurai, Tamil Nadu, TVS Srichakra operates its manufacturing unit in Vellaripatti, Melur Taluk, and serves both domestic and international markets under its Eurogrip brand.
For more information, visit BSE.