Description

BSE circular containing clarifications from Eveready Industries India Limited and ICICI Lombard General Insurance Company Limited regarding significant increase in trading volumes of their securities.

Summary

BSE sought clarifications from Eveready Industries India Limited (Scrip Code: 531508) and ICICI Lombard General Insurance Company Limited (Scrip Code: 540716) regarding significant increase in trading volumes of their securities on October 16, 2025. Both companies responded confirming they have disclosed all necessary information as per SEBI Listing Regulations and are not aware of any pending material information that could impact price/volume behavior.

Key Points

  • BSE issued volume movement queries to both companies via email reference L/SURV/ONL/PV/AA/2025-2026/582 (Eveready) and L/SURV/ONL/PV/AA/2025-2026/581 (ICICI Lombard)
  • Eveready confirmed no pending information or announcement required to be disclosed that may have bearing on price/volume behavior
  • ICICI Lombard noted it had announced financial results for Q2 and H1 FY2025 on October 14, 2025
  • ICICI Lombard stated the volume increase is market driven and company is not aware of any information relating to the trading volume increase
  • Both companies confirmed compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Both companies committed to keeping exchanges informed of any material information/events as required

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must respond to exchange queries regarding unusual price or volume movements
  • Companies must confirm whether they have any pending material/price sensitive information
  • Companies must ensure ongoing compliance with Regulation 30 of SEBI Listing Regulations regarding disclosure of material events
  • Companies must promptly disclose any information that may have bearing on price/volume behavior of securities

Important Dates

  • October 16, 2025: BSE issued volume movement queries to both companies
  • October 16, 2025: Both companies submitted clarification responses
  • October 14, 2025: ICICI Lombard announced Q2 and H1 FY2025 financial results (mentioned as context)

Impact Assessment

Market Impact: Minimal. These are routine surveillance clarifications with both companies confirming no undisclosed material information. The volume increases appear to be normal market activity.

Investor Impact: Neutral. The clarifications provide transparency that no material information is being withheld from the market. ICICI Lombard’s recent financial results announcement on October 14, 2025 may have contributed to increased trading interest.

Operational Impact: None. This is a standard disclosure compliance exercise with no operational implications for the companies or market participants.

Stock-Specific Notes:

  • Eveready Industries India Limited (531508): No specific trigger identified for volume increase
  • ICICI Lombard General Insurance Company Limited (540716/ICICIGI): Recent financial results announcement likely contributed to trading activity

Impact Justification

Routine clarification responses to exchange queries about volume movements. Both companies confirmed no pending material information and compliance with disclosure requirements.