Description

Three companies provide clarifications to BSE regarding increased trading volume in their securities, confirming compliance with disclosure requirements.

Summary

Three companies - Zaggle Prepaid Ocean Services Limited, KEC International Limited, and Reliance Industrial Infrastructure Limited - responded to BSE surveillance queries regarding increased trading volume in their securities. All companies confirmed they have made timely disclosures as required under SEBI regulations and attributed the volume movement to market-driven factors.

Key Points

  • Zaggle Prepaid Ocean Services Limited (Scrip Code: 543985) confirmed all necessary disclosures made under Regulation 30 of SEBI Listing Regulations
  • KEC International Limited (Scrip Code: 532714) stated no pending price sensitive information awaiting disclosure
  • Reliance Industrial Infrastructure Limited (Scrip Code: 523445) confirmed compliance with all disclosure requirements
  • All companies attributed recent volume movements to purely market-driven factors
  • No material information was withheld that could impact price/volume behavior

Regulatory Changes

No regulatory changes mentioned in this circular.

Compliance Requirements

  • Companies must continue making prompt disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • All price sensitive information must be disclosed in timely and accurate manner
  • Companies must respond to BSE surveillance queries when unusual trading activity is observed

Important Dates

  • August 19, 2025: Date of clarification letters from all three companies
  • BSE surveillance references: L/SURV/ONL/PV/AA/2025-2026/359, 360, and 361

Impact Assessment

Minimal market impact as these are routine surveillance clarifications. The responses confirm that the increased trading volumes were market-driven rather than due to undisclosed material information. This provides transparency to investors and maintains market confidence in the disclosure compliance of these companies.

Impact Justification

Routine surveillance clarifications with no new material information disclosed