Description
BSE receives clarifications from Greaves Cotton Limited and Halder Venture Limited regarding price and volume movements in their shares.
Summary
BSE received clarifications from two companies regarding unusual trading activity. Greaves Cotton Limited provided clarification on significant volume increase, stating all disclosures are current and the movement appears market-driven. Halder Venture Limited clarified price movement, noting a 2:1 bonus share issue with record date September 2, 2025.
Key Points
- Greaves Cotton Limited (BSE Code: 501455) clarified significant volume increase is market-driven
- Halder Venture Limited explained price movement due to 2:1 bonus issue
- Both companies confirmed compliance with SEBI Listing Regulations
- Companies stated no pending material information requiring disclosure
- Halder Venture issued 82,92,090 bonus equity shares of ₹10 each
Regulatory Changes
No new regulatory changes introduced. Companies responded under existing Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Compliance Requirements
- Companies must provide timely clarifications when requested by BSE surveillance
- Continued obligation to disclose price sensitive information under Regulation 30
- Proper disclosure and compliance for corporate actions like bonus issues
Important Dates
- September 2, 2025: Record date for Halder Venture bonus issue
- September 3, 2025: Date of clarification requests and responses
Impact Assessment
Low market impact as these are routine surveillance clarifications. Greaves Cotton’s volume increase appears to be normal market activity. Halder Venture’s price adjustment is expected due to the bonus issue, which increases share count but proportionally reduces share price.
Impact Justification
Routine surveillance clarifications with standard responses from companies