Description

Network18 Media & Investments Limited and Chalet Hotels Limited provide clarifications on significant volume increases in their securities.

Summary

BSE received clarifications from Network18 Media & Investments Limited and Chalet Hotels Limited regarding significant increases in trading volumes of their securities. Both companies confirmed they have made all required disclosures under SEBI LODR Regulations 2015 and have no undisclosed material information.

Key Points

  • Network18 Media & Investments Limited (Trading Symbol: 532798) responded to BSE surveillance query about volume increase
  • Chalet Hotels Limited (Scrip Code: 542399) provided similar clarification
  • Both companies confirmed compliance with SEBI LODR Regulations 2015
  • No material information requiring disclosure has been withheld by either company
  • Companies committed to continue timely disclosure of material information

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must continue making timely disclosures under Regulation 30 of SEBI LODR Regulations 2015
  • Material information affecting price/volume must be disclosed to stock exchanges
  • Information must also be made available on company websites for shareholders

Important Dates

  • August 4, 2025: Date of clarification letters from both companies
  • August 4, 2025: Date of BSE surveillance query

Impact Assessment

Minimal market impact as both companies confirmed no undisclosed material information exists. These are routine surveillance compliance responses that provide transparency but do not indicate any underlying issues or new developments.

Impact Justification

Routine compliance responses to exchange surveillance queries with no new material disclosures