Description

BSE circular containing clarifications from BLS International Services Limited and Dreamfolks Services Limited regarding significant increases in trading volume of their securities.

Summary

BSE Surveillance sought clarifications from BLS International Services Limited (Scrip Code: 540073) and Dreamfolks Services Limited (Scrip Code: 543591) regarding significant increases in trading volume of their securities. Both companies confirmed that no material information has been withheld, they are unaware of specific reasons for the volume increase, and attribute the movement to market conditions. Both companies reaffirmed their commitment to compliance with SEBI LODR Regulations.

Key Points

  • BLS International Services Limited responded to BSE reference L/SURV/ONL/PV/AA/2025-2026/571 dated October 14, 2025
  • Dreamfolks Services Limited responded to BSE reference L/SURV/ONL/PV/AA/2025-2026/572 dated October 14, 2025
  • Both companies confirmed no material information has been withheld under Regulation 30 of SEBI LODR Regulations
  • Companies are not aware of specific reasons for significant movement in trading volume
  • Volume increases attributed to normal market conditions and market-driven activity
  • Both companies reaffirmed commitment to transparent and timely disclosures to stock exchanges

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must respond to BSE Surveillance queries regarding abnormal volume movements
  • Responses must confirm whether any material information has been withheld under Regulation 30 of SEBI LODR Regulations
  • Companies must state their awareness or lack thereof regarding reasons for volume movements
  • Companies must reaffirm commitment to compliance with disclosure requirements

Important Dates

  • October 14, 2025: Date of BSE Surveillance queries and company responses

Impact Assessment

This is a routine surveillance action with minimal market impact. The clarifications confirm that the volume increases in BLS International Services Limited and Dreamfolks Services Limited securities were market-driven without any undisclosed material events. No regulatory action or trading restrictions are indicated. The circular demonstrates normal functioning of exchange surveillance mechanisms to ensure market integrity and transparency.

Impact Justification

Routine clarifications from companies confirming no undisclosed material information and attributing volume increases to normal market conditions