Description
BSE receives clarifications from Vipul Limited, Godfrey Phillips India Limited, and Neil Industries Limited regarding recent price and volume movements in their securities.
Summary
BSE received clarifications from three companies - Vipul Limited, Godfrey Phillips India Limited, and Neil Industries Limited - in response to surveillance queries regarding significant price and volume movements in their securities. All companies stated they have no unpublished price-sensitive information and attributed the movements to market conditions.
Key Points
- Vipul Limited (Scrip Code: 511726, NSE: VIPULLTD) confirmed no pending price-sensitive information
- Godfrey Phillips India Limited (Scrip Code: 500163) clarified no unpublished price-sensitive information caused volume spurt
- Neil Industries Limited (Scrip Code: 539016) stated management has no role in driving volume increase
- All companies reaffirmed compliance with SEBI LODR Regulation 30 disclosure requirements
- Price and volume movements attributed to market-driven conditions
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Companies must respond to BSE surveillance queries under Regulation 30(10) of SEBI LODR Regulations 2015
- Continued adherence to disclosure requirements for price-sensitive information
- Companies must inform exchanges of material information as and when required
Important Dates
- August 6, 2025: Date of clarifications received from all three companies
Impact Assessment
Minimal market impact as all companies confirmed no material undisclosed information. These are routine surveillance responses that help maintain market transparency and investor confidence by clarifying that unusual trading activity is market-driven rather than based on undisclosed corporate developments.
Impact Justification
Routine surveillance clarifications with no material information disclosed