Description

Network18 Media & Investments Limited and Chalet Hotels Limited respond to BSE queries regarding significant volume increases in their securities.

Summary

BSE Surveillance requested clarifications from Network18 Media & Investments Limited (Scrip Code: 532798) and Chalet Hotels Limited (Scrip Code: 542399) regarding significant increases in trading volumes of their securities. Both companies responded confirming compliance with SEBI disclosure requirements and stated no undisclosed material information exists.

Key Points

  • BSE identified significant volume increases across exchanges for both securities
  • Network18 Media & Investments Limited confirmed all required disclosures have been made under SEBI LODR 2015
  • Chalet Hotels Limited affirmed timely compliance with Regulation 30 disclosure requirements
  • Both companies stated no material information remains undisclosed
  • Companies committed to continue timely disclosure of material information affecting share price/volume

Regulatory Changes

No regulatory changes announced. This represents routine surveillance enforcement of existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Requirements

  • Listed companies must respond to BSE surveillance queries regarding unusual price/volume movements
  • Companies must confirm compliance with Regulation 30 of SEBI LODR 2015
  • Ongoing obligation to disclose material information that may impact share price or trading volume
  • Maintain transparency through timely disclosures to stock exchanges and company websites

Important Dates

  • August 4, 2025: BSE surveillance queries sent to companies
  • August 4, 2025: Response letters submitted by both companies

Impact Assessment

Minimal market impact as both companies confirmed no undisclosed material information exists. Standard surveillance procedure ensures market transparency and investor protection. No immediate trading restrictions or penalties indicated for either security.

Impact Justification

Routine surveillance clarifications with standard compliance responses from companies