Description

Three companies provide clarifications to exchanges regarding significant volume increases, confirming compliance with disclosure requirements.

Summary

Three listed companies - Tejas Networks Limited, IKIO Technologies Limited, and BF Investment Limited - submitted clarifications to BSE and NSE regarding significant volume increases in their securities. All companies confirmed compliance with SEBI Listing Regulations and stated no pending material information requiring disclosure.

Key Points

  • Tejas Networks Limited (NSE: TEJASNET, BSE: 540595) responded to exchange queries dated August 21-22, 2025
  • IKIO Technologies Limited (NSE: IKIO, BSE: 543923) addressed surveillance letters from both exchanges dated August 20, 2025
  • BF Investment Limited provided similar clarification (document partially visible)
  • All companies confirmed strict compliance with Regulation 30 of SEBI Listing Regulations
  • No material information or impending announcements identified that could affect price/volume behavior
  • Companies attributed volume movements to market-driven factors

Regulatory Changes

No regulatory changes mentioned in the clarifications.

Compliance Requirements

  • Companies must respond to exchange surveillance queries regarding unusual price/volume movements
  • Mandatory disclosure under Regulation 30 of SEBI Listing Regulations for material information
  • Timely submission of clarifications when requested by exchanges

Important Dates

  • August 20, 2025: NSE and BSE surveillance letters to IKIO Technologies
  • August 21, 2025: NSE query to Tejas Networks
  • August 22, 2025: BSE query to Tejas Networks and company responses

Impact Assessment

Routine surveillance responses with minimal market impact. The clarifications confirm no undisclosed material information exists that could justify the volume spikes, suggesting normal market dynamics at play. No immediate compliance issues or penalties indicated for the companies involved.

Impact Justification

Routine compliance responses to exchange queries about volume spikes with no material disclosures