Description

Companies provide explanations for significant increase in trading volume across exchanges

Summary

BSE sought clarifications from companies regarding significant increase in trading volume. Three companies - Astral Limited, SJVN Limited, and Sonata Software Limited - responded that they have no material information to disclose and attribute the volume increase to market-driven factors.

Key Points

  • Companies confirmed compliance with Regulation 30 disclosure requirements
  • No pending material announcements that could impact price/volume
  • Volume increases attributed to market conditions and increased public float
  • SJVN recently published Q1 FY2025-26 results on August 11, 2025
  • All companies assured continued prompt disclosure of material events

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

Companies must continue to promptly inform exchanges of all material events under SEBI Listing Regulations.

Important Dates

  • August 11, 2025: SJVN published Q1 FY2025-26 financial results
  • August 13, 2025: BSE inquiry and company responses

Impact Assessment

Minimal market impact as companies confirmed no material undisclosed information. Responses indicate normal market-driven trading activity without underlying corporate developments.

Impact Justification

Routine clarifications on volume movements with no material information disclosed