Mercantile Ventures has responded to a query from BSE regarding recent unusual price and volume movements in its shares.

The company stated it has consistently made all required disclosures and has not withheld any material information that could impact its share price.

Furthermore, there are no impending announcements.

The company attributes the recent surge in volume to general market conditions, over which it has no control.

This clarifies to investors that the company is not aware of any undisclosed specific news behind the stock's recent activity.