Description

Companies provide clarifications to BSE regarding significant price and volume movements in their securities, confirming compliance with disclosure requirements.

Summary

Three companies - The Phoenix Mills Limited, Abans Enterprises Limited, and Datamatics Global Services Limited - provided clarifications to BSE regarding significant movements in their stock prices and trading volumes. All companies confirmed compliance with SEBI Listing 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 query dated July 25, 2025
  • Datamatics Global Services Limited (BSE Code: 532528, NSE Symbol: DATAMATICS) provided price movement clarification dated July 25, 2025
  • All companies confirmed full compliance with Regulation 30 of SEBI Listing Regulations
  • Companies stated no undisclosed material information or impending corporate actions
  • Price movements attributed to market conditions and market-driven factors

Regulatory Changes

No regulatory changes mentioned in this circular.

Compliance Requirements

  • Companies must respond to exchange queries regarding unusual price/volume movements
  • Mandatory disclosure of all material information under Regulation 30 of SEBI Listing Regulations
  • Timely submission of clarifications when requested by exchanges
  • Upload of clarifications on company websites for transparency

Important Dates

  • July 24, 2025: Phoenix Mills made prior intimation at 5:28 PM IST
  • July 25, 2025: BSE query to Abans Enterprises (Reference: L/SURV/ONL/PV/AJ/2025-2026/3043)
  • July 25, 2025: Clarifications submitted by Abans and Datamatics
  • July 28, 2025: BSE query to Phoenix Mills (Reference: L/SURV/ONL/PV/AJ/2025-2026/312)

Impact Assessment

Minimal market impact as these are routine compliance clarifications. The responses confirm no material undisclosed information exists, providing transparency to investors. Normal market surveillance mechanism functioning as intended to ensure fair and transparent trading.

Impact Justification

Routine clarifications from companies confirming no undisclosed material information behind price movements