Description
Companies provide clarifications to BSE regarding significant price and volume movements in their securities.
Summary
BSE has received clarifications from three companies - The Phoenix Mills Limited, Abans Enterprises Limited, and Datamatics Global Services Limited - regarding significant movements in their stock prices and trading volumes. All companies confirmed compliance with SEBI disclosure regulations and stated no undisclosed price-sensitive information exists.
Key Points
- The Phoenix Mills Limited (Security Code: 503100) clarified volume increase following BSE query dated July 28, 2025
- Abans Enterprises Limited (Scrip Code: 512165) responded to price movement inquiry dated July 25, 2025
- Datamatics Global Services Limited (BSE Code: 532528, NSE Symbol: DATAMATICS) provided clarification on price movement dated July 25, 2025
- All companies confirmed compliance with Regulation 30 of SEBI Listing Regulations
- No undisclosed price-sensitive information or impending announcements reported
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Companies must respond to BSE surveillance queries regarding unusual price/volume movements
- Continued compliance with SEBI Regulation 30 disclosure requirements
- Timely disclosure of all material events and price-sensitive information
Important Dates
- July 28, 2025: BSE query to The Phoenix Mills Limited
- July 25, 2025: BSE queries to Abans Enterprises and clarification date for Datamatics
- July 24, 2025: Previous intimation referenced by The Phoenix Mills Limited
Impact Assessment
Minimal market impact as these are routine surveillance clarifications. Companies have confirmed no material undisclosed information exists. The clarifications help maintain market transparency and investor confidence by addressing unusual trading patterns through proper disclosure channels.
Impact Justification
Routine surveillance clarifications with no new material information disclosed