Description

BSE publishes clarifications from Shree Rama Multi-Tech Limited and Jindal Poly Films Limited regarding recent price and volume movements in their securities.

Summary

BSE has published clarifications from two listed companies - Shree Rama Multi-Tech Limited (Scrip Code: 532310) and Jindal Poly Films Limited (Scrip Code: 500227) - regarding recent significant movements in their share prices and trading volumes. Both companies have confirmed that the movements are purely market-driven and they have been compliant with all disclosure requirements under SEBI regulations.

Key Points

  • Shree Rama Multi-Tech Limited responded to BSE’s query dated September 1, 2025, regarding price movement in company shares
  • Jindal Poly Films Limited responded to BSE’s query dated September 1, 2025, regarding significant increase in trading volume
  • Both companies affirm regular disclosure of all material events under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Companies confirm price/volume movements are market-driven with no undisclosed material information
  • Both companies commit to continue timely disclosure of any price-sensitive information

Regulatory Changes

No regulatory changes announced. Companies are reaffirming existing compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Requirements

Companies have confirmed compliance with:

  • Regulation 30 of SEBI (LODR) Regulations, 2015 for disclosure of material events
  • Timely disclosure of price-sensitive information to stock exchanges
  • Responding to exchange queries regarding unusual market movements

Important Dates

  • September 1, 2025: BSE sent clarification requests to both companies
  • September 1, 2025: Both companies responded with clarifications
  • September 2, 2025: BSE published the clarifications

Impact Assessment

Minimal market impact expected as both companies have confirmed that recent price and volume movements are purely market-driven with no undisclosed material information. The clarifications provide transparency to investors and reinforce that companies are maintaining proper disclosure standards. No operational or compliance changes required for market participants.

Impact Justification

Routine clarifications on market-driven movements with no material impact on operations or compliance requirements