Description
Companies respond to BSE surveillance queries regarding volume increases, confirming no undisclosed price sensitive information.
Summary
BSE received clarification responses from three companies regarding significant increases in trading volumes. All companies confirmed they have no undisclosed price sensitive information and have been compliant with SEBI disclosure requirements.
Key Points
- Carborundum Universal Limited (Stock Code: 513375) confirmed no impending announcements as per materiality policy
- Shree Digvijay Cement Company Limited stated share price movement is purely market driven
- Suraj Estate Developers Limited (BSE Scrip: 544054) reiterated compliance with timely disclosure obligations
- All companies assured continued adherence to Regulation 30 of SEBI LODR requirements
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Companies must respond to BSE surveillance queries regarding unusual trading activity
- Continued obligation to disclose material information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Maintenance of materiality policies and disclosure frameworks
Important Dates
- August 21, 2025: Date of BSE surveillance queries and company responses
Impact Assessment
Minimal market impact as all companies confirmed no undisclosed material information. These are routine surveillance activities ensuring market transparency and investor protection.
Impact Justification
Routine surveillance responses with no material disclosures or market impact