Description
BSE received clarifications from Gandhi Special Tubes Limited and RateGain Travel Technologies Limited regarding significant increases in trading volumes.
Summary
BSE received clarifications from two companies - Gandhi Special Tubes Limited (Scrip Code: 513108) and RateGain Travel Technologies Limited (BSE: 543417) - in response to exchange queries about significant increases in their securities’ trading volumes on August 26, 2025.
Key Points
- Both companies confirmed compliance with SEBI LODR Regulation 30 regarding timely disclosure of material information
- No undisclosed price sensitive information or pending announcements from either company
- Companies attributed volume increases to market conditions and market-driven factors
- Both companies reaffirmed commitment to continue making applicable disclosures within stipulated timeframes
Company Responses
Gandhi Special Tubes Limited:
- Confirmed all events impacting operations and performance have been disclosed to both NSE and BSE
- Stated no pending information that may influence volume behavior
- Attributed volume increase to purely market conditions with no management involvement
RateGain Travel Technologies Limited:
- Confirmed compliance with disclosure requirements under SEBI LODR Regulations 2015
- No undisclosed price sensitive information or impending corporate actions
- Reassured continued adherence to regulatory disclosure requirements
Regulatory Context
- Responses were to BSE surveillance queries under reference L/SURV/ONL/PV/AA/ 2025-2026 / 378 and 379
- Part of routine exchange surveillance mechanism for unusual volume movements
- Companies required to clarify reasons for significant trading activity spikes
Impact Assessment
Minimal market impact as both clarifications confirm no material undisclosed information exists. The volume movements appear to be market-driven without any fundamental corporate developments driving the activity.
Impact Justification
Routine surveillance clarifications with no material information disclosed