Description
Three companies provide clarifications to BSE regarding recent volume and price movements in their shares, attributing movements to market conditions.
Summary
BSE received clarifications from three companies - RIR Power Electronics Limited, Sheela Foam Limited, and Silverline Technologies Limited - regarding recent volume and price movements in their shares. All companies confirmed compliance with disclosure regulations and attributed the movements to market conditions rather than any undisclosed material events.
Key Points
- RIR Power Electronics Limited (Scrip: 517035) clarified volume movement is market-driven with no specific reason identified
- Sheela Foam Limited (Scrip: 540203) attributed volume movement to market conditions
- Silverline Technologies Limited (Scrip: 500389) responded to BSE query about price movement
- All companies confirmed compliance with SEBI LODR Regulation 30 disclosure requirements
- No material information has been withheld by any of the companies
Regulatory Changes
No regulatory changes mentioned.
Compliance Requirements
- Companies must continue making applicable disclosures under SEBI (LODR) Regulations, 2015
- Timely disclosure of material events/information required under Regulation 30
- Companies must promptly inform stock exchanges of material events
Important Dates
- September 10, 2025: Date of clarifications received from all three companies
Impact Assessment
Minimal market impact as clarifications confirm no undisclosed material events. Movements attributed to normal market dynamics and trading conditions. Demonstrates regulatory oversight mechanism working effectively to ensure transparency.
Impact Justification
Routine clarifications with no material events disclosed