Description

BSE circular containing clarifications from TBO Tek Limited and Bajaj Finance Limited regarding significant volume movements in their shares.

Summary

BSE issued a circular containing clarifications from two companies - TBO Tek Limited (Scrip Code: 544174) and Bajaj Finance Limited (Scrip Code: 500034) - in response to BSE’s queries regarding unusual spurt in trading volume of their shares on September 4-5, 2025. Both companies confirmed that all material events requiring disclosure under SEBI Listing Regulations have been properly disclosed, and there is no undisclosed price sensitive information or pending announcements that could explain the volume movement.

Key Points

  • TBO Tek Limited responded on September 4, 2025 to BSE’s query about volume spurt
  • Bajaj Finance Limited responded on September 5, 2025 (Ref: L/SURV/ONL/PV/AA/2025-2026/405)
  • Both companies confirmed full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • No undisclosed material information or price sensitive information pending disclosure
  • No impending announcements or corporate actions that could explain volume behavior
  • Companies confirmed they are not aware of reasons for significant volume movement
  • Both companies reaffirmed commitment to timely and transparent disclosure

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must respond to stock exchange queries regarding unusual price or volume movements
  • Responses must confirm whether all material events have been disclosed under Regulation 30 of SEBI Listing Regulations
  • Companies must state if any undisclosed price sensitive information exists
  • Ongoing obligation to maintain transparency and timely disclosure of material events

Important Dates

  • September 4, 2025: TBO Tek Limited submitted clarification
  • September 5, 2025: Bajaj Finance Limited submitted clarification
  • September 5, 2025: BSE issued this circular

Impact Assessment

Market Impact: Low - These are routine clarifications with no material new information disclosed. The volume movements remain unexplained by fundamental corporate developments.

Investor Impact: Minimal - Investors are informed that no undisclosed material events are driving the volume activity, suggesting market-driven rather than fundamental factors at play.

Operational Impact: None - Standard disclosure compliance process with no operational changes required.

Specific Company Details:

  • TBO Tek Limited: CIN L74999DL2006PLC155233, registered office in New Delhi, corporate office in Gurgaon
  • Bajaj Finance Limited: Also listed on NSE (BAJFINANCE-EQ), corporate office in Pune, confirmed Catalyst Trustee Ltd. as debenture trustee

Impact Justification

Routine clarifications confirming no undisclosed material information; no new developments or regulatory changes affecting market operations