Description

Three companies provide clarifications on price movements in their securities, stating no undisclosed material information and movements are market driven.

Summary

BSE received clarifications from three companies - Bluestone Jewellery and Lifestyle Limited, Cubical Financial Services Limited, and Hybrid Financial Services Limited - regarding price movements in their securities. All companies confirmed they have no undisclosed price sensitive information and that price movements are purely market driven.

Key Points

  • Bluestone Jewellery and Lifestyle Limited (Scrip Code: 544484) responded on October 11, 2025 to BSE’s inquiry dated October 10, 2025
  • Cubical Financial Services Limited (Scrip Code: 511710) responded on October 13, 2025
  • Hybrid Financial Services Limited responded on October 13, 2025 to BSE’s inquiry dated October 10, 2025
  • All three companies confirmed compliance with Regulation 30 of SEBI Listing Regulations
  • No undisclosed material information or price sensitive events pending disclosure
  • Price movements attributed to market conditions, investor sentiment, and external factors

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Companies confirmed adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
  • All material information and announcements disclosed within stipulated timeframes
  • Compliance with insider trading regulations confirmed

Important Dates

  • October 10, 2025: BSE surveillance inquiry sent to companies
  • October 11, 2025: Bluestone Jewellery response submitted
  • October 13, 2025: Cubical Financial Services and Hybrid Financial Services responses submitted

Impact Assessment

Minimal market impact as these are routine surveillance clarifications. Companies have confirmed no pending material disclosures, indicating normal market operations. The responses provide transparency to investors regarding recent price movements in these securities.

Impact Justification

Routine clarifications on price movements with no material information disclosed; market-driven movements confirmed by companies