Description
Companies provide clarifications to BSE regarding significant increase in trading volume of their securities.
Summary
BSE received clarifications from three companies (Astral Limited, SJVN Limited, and Sonata Software Limited) regarding significant increases in trading volume of their securities. All companies attributed the volume increase to market-driven factors and confirmed compliance with disclosure requirements.
Key Points
- Astral Limited (Scrip Code: 532830) attributes volume increase to market conditions and increase in public float over time
- SJVN Limited (Scrip Code: 533206) recently announced Q1 FY2025-26 results on August 11, 2025, which may have influenced trading
- Sonata Software Limited (Stock Code: 532221) provided standard compliance confirmation
- All companies confirm they have made proper disclosures under Regulation 30 of SEBI Listing Regulations
- No material undisclosed information identified by any company
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Companies must respond to BSE surveillance queries regarding unusual volume movements
- Continued compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Prompt disclosure of all material events and information to stock exchanges
Important Dates
- August 11, 2025: SJVN Board meeting for Q1 FY2025-26 results approval
- August 13, 2025: Date of clarification letters from all three companies
Impact Assessment
Minimal market impact as these are routine surveillance clarifications. The volume increases appear to be normal market activity rather than any material undisclosed events. Companies’ responses suggest transparent market operations with no regulatory concerns.
Impact Justification
Routine clarifications on volume movements with standard market-driven explanations