Description
Companies respond to stock exchanges regarding unusual trading volume with no material information to disclose.
Summary
Companies Tejas Networks Limited and IKIO Technologies Limited provided clarifications to BSE and NSE regarding unusual volume spurt in their securities. Both companies confirmed compliance with SEBI Listing Regulations and stated no pending material information that could affect price/volume behavior.
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) responded to exchange queries dated August 20, 2025
- Both companies confirmed compliance with Regulation 30 of SEBI Listing Regulations
- No material information or announcements pending that could affect stock price/volume
- Companies attributed volume movement to market-driven factors
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Companies confirmed ongoing compliance with:
- Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Timely disclosure requirements for material information
Important Dates
- August 20, 2025: Exchange queries sent to IKIO Technologies
- August 21-22, 2025: Exchange queries sent to Tejas Networks
- August 22, 2025: Clarifications provided by both companies
Impact Assessment
Minimal market impact as these are routine clarifications confirming no material undisclosed information. The responses help maintain market transparency and investor confidence by addressing unusual trading activity through proper disclosure channels.
Impact Justification
Routine clarifications with no material disclosures or market impact