Description

Stock exchange clarifications from V2 Retail Limited, Arihant Superstructures Limited, and Banco Products (India) Limited regarding unusual price and volume movements in their securities.

Summary

BSE has published clarifications from three listed companies - V2 Retail Limited (Scrip Code: 532867), Arihant Superstructures Limited (Scrip Code: 506194), and Banco Products (India) Limited (Stock Code: 500039) - responding to stock exchange queries about significant price and volume movements in their securities. All three companies have confirmed that they have no pending price-sensitive information or material events to disclose under Regulation 30 of SEBI (LODR) Regulations, 2015, and attribute the movements to normal market forces.

Key Points

  • V2 Retail Limited confirmed no pending price-sensitive information or announcements that could have led to significant price movement
  • Arihant Superstructures Limited clarified no material or price-sensitive information has been withheld that would require disclosure under Regulation 30
  • Banco Products (India) Limited responded to BSE surveillance queries regarding price movement (response appears incomplete in the circular)
  • All companies stated the price/volume movements are purely market-driven
  • Companies confirmed ongoing compliance with SEBI (LODR) Regulations, 2015 disclosure requirements
  • V2 Retail Limited also listed on NSE with symbol V2RETAIL
  • Arihant Superstructures Limited’s response dated October 08, 2025 references BSE Letter No. L/SURV/ONL/PV/AA/2025-2026/548
  • Banco Products India Limited also trades on NSE under symbol BANCOINDIA

Regulatory Changes

No regulatory changes announced. This circular documents routine surveillance and compliance monitoring activities.

Compliance Requirements

  • Companies must respond to stock exchange surveillance queries regarding unusual price or volume movements
  • Companies must disclose if there is any undisclosed material or price-sensitive information under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Ongoing obligation to inform stock exchanges of all material information/announcements as and when required under applicable regulations

Important Dates

  • October 08, 2025: Date of clarification letters from all three companies
  • October 08, 2025: BSE surveillance query reference date (Letter No. L/SURV/ONL/PV/AA/2025-2026/548 to Arihant Superstructures)

Impact Assessment

Market Impact: Minimal. These clarifications confirm no undisclosed material events affecting the companies, providing transparency to market participants.

Investor Impact: Low. Investors are reassured that price/volume movements are market-driven and not due to withheld material information.

Operational Impact: None. Routine compliance activity with no changes to company operations or disclosure obligations.

Compliance Impact: Standard surveillance monitoring demonstrates active exchange oversight of unusual trading patterns to protect market integrity.

Impact Justification

Routine surveillance clarifications confirming no undisclosed price-sensitive information; companies state movements are market-driven with no material events pending disclosure.