Description

Three companies provide clarifications to exchanges regarding significant price and volume movements in their securities.

Summary

Three companies - The Phoenix Mills Limited, Abans Enterprises Limited, and Datamatics Global Services Limited - have provided clarifications to stock exchanges regarding significant movements in their share 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) responded to BSE query about volume increase
  • Abans Enterprises Limited (Scrip Code: 512165) clarified significant price movement to BSE and MSEI
  • Datamatics Global Services Limited (BSE Code: 532528, NSE Symbol: DATAMATICS) provided price movement clarification
  • All companies confirmed compliance with Regulation 30 of SEBI Listing Regulations
  • No undisclosed price-sensitive information or impending announcements reported
  • Companies attributed movements to market conditions

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must respond to exchange surveillance queries regarding unusual price/volume movements
  • Mandatory disclosure of all material information under Regulation 30 of SEBI Listing Regulations
  • Timely disclosure of price-sensitive information to exchanges

Important Dates

  • July 28, 2025: BSE surveillance query to Phoenix Mills (Reference: L/SURV/ONL/PV/AJ/2025-2026/312)
  • July 25, 2025: BSE surveillance query to Abans Enterprises (Reference: L/SURV/ONL/PV/AJ/2025-2026/3043)
  • July 24, 2025, 5:28 PM IST: Phoenix Mills previous intimation referenced

Impact Assessment

Minimal market impact as these are routine surveillance responses. The clarifications confirm no material undisclosed information exists that would justify the price/volume movements. Market participants should note that the companies attribute movements to normal market conditions rather than any corporate developments.

Impact Justification

Routine compliance responses to exchange surveillance queries with no material disclosures