Description

BSE receives 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 (BSE: 540716/NSE: ICICIGI) regarding significant increase in trading volumes observed in their securities on October 16, 2025. Both companies responded confirming they have no pending material information to disclose and have been compliant with all disclosure requirements under SEBI Listing Regulations.

Key Points

  • BSE issued email reference L/SURV/ONL/PV/AA/2025-2026/582 to Eveready Industries and L/SURV/ONL/PV/AA/2025-2026/581 to ICICI Lombard on October 16, 2025
  • Eveready Industries confirmed no pending information/announcement required to be disclosed that may have bearing on price/volume behaviour
  • ICICI Lombard stated the volume increase is market driven and noted they announced Q2 and H1 FY2025-26 financial results on October 14, 2025
  • Both companies confirmed adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Eveready’s response signed by Company Secretary Shampa Ghosh Ray
  • ICICI Lombard’s response signed by Company Secretary Vikas Mehra with reference number MUM/SEC/135-10/2025-26

Regulatory Changes

No regulatory changes announced. This is a routine surveillance measure by BSE under existing SEBI Listing Regulations.

Compliance Requirements

Both companies confirmed:

  • All necessary information has been disclosed to exchanges in accordance with Regulation 30 of SEBI Listing Regulations
  • No material/price sensitive information has been withheld
  • Commitment to continue disclosing any material information/events as required

Important Dates

  • October 14, 2025: ICICI Lombard announced financial results for Q2 and H1 ended September 30, 2025
  • October 16, 2025: BSE surveillance queries issued and clarifications received from both companies

Impact Assessment

Market Impact: Low - Both companies confirmed no undisclosed material information exists. The volume increase in ICICI Lombard appears related to recent quarterly results announcement, while Eveready’s increase is unexplained but not linked to any specific corporate action.

Operational Impact: Nil - These are routine clarifications to surveillance queries with no operational changes or new disclosures required.

Investor Impact: Low - Provides transparency that volume movements are not due to undisclosed material information, maintaining market integrity.

Impact Justification

Routine clarifications provided by companies in response to BSE surveillance queries on volume increase. Both companies confirmed no pending material information and compliance with disclosure requirements.