Description
BSE received clarifications from Greaves Cotton Limited and Halder Venture Limited regarding significant price/volume movements in their shares.
Summary
BSE received clarifications from two companies regarding significant price and volume movements in their shares. Greaves Cotton Limited (BSE Code: 501455) clarified that volume increases are market-driven with no undisclosed price-sensitive information. Halder Venture Limited explained price movement was due to bonus issue adjustments (2:1 ratio) with record date September 2, 2025.
Key Points
- Both companies confirmed timely disclosure of all price-sensitive information under SEBI Listing Regulations
- Greaves Cotton stated volume increase appears entirely market-driven
- Halder Venture issued 82,92,090 bonus shares in 2:1 ratio to existing shareholders
- Record date for Halder Venture bonus issue was September 2, 2025
- Exchange adjusted Halder Venture share price for bonus issue
- No material information withheld by either company
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Companies must continue disclosing price-sensitive information under Regulation 30 of SEBI Listing Regulations
- Timely and accurate disclosures required for all material events
- Proper compliance and disclosure procedures for bonus issues
Important Dates
- September 2, 2025: Record date for Halder Venture bonus issue
- September 3, 2025: Date of clarification letters from both companies
Impact Assessment
Minimal market impact as clarifications confirm routine surveillance inquiries. Greaves Cotton’s volume increase attributed to normal market activity. Halder Venture’s price movement explained by standard bonus issue adjustments, maintaining market transparency and investor confidence.
Impact Justification
Routine clarifications confirming no undisclosed price-sensitive information and explaining market-driven movements