Liberty Shoes Ltd Assures Investors Over Volume Increase Amid Market Focus
Liberty Shoes Ltd has provided clarification regarding the recent increase in trading volume of its securities across exchanges, stating that the surge is market-driven and unrelated to any company-specific price sensitive events or operational performance issues.The company informed interested parties that there were no material events or information pertaining to the Company's operations that required disclosure, except as part of routine statutory compliance. Liberty Shoes attributes the increased security volume entirely to market-oriented factors outside the scope of its control.
Regarding internal trading activities, the company confirmed that no Director, Officer, Employee, or any Connected Person had undertaken any trades in the Company's securities recently. Trades executed did occur during designated open periods, and the company noted that at the time of such transactions, there was no Unpublished Price Sensitive Information (UPSI) available to or possessed by these individuals.
Liberty reiterated its commitment to adhering to all applicable regulations, emphasizing that it consistently keeps record of relevant material information concerning the operations and performance of the Company and provides this information in a timely manner to all stakeholders.
Furthermore, Liberty Shoes affirmed that at present, there are no price sensitive information or impending plans that could impact the price or volume of its securities. As an administrative update, the company requested the exchanges to note the change in its corporate office address.
LIBERTSHOE Stock Price Movement
Shares of Liberty Shoes Limited are slipping in live trading as of 11:45 AM, shedding 3.55% to trade at ₹266.30. The stock is seeing significant volume today, with 69,866 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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