Description
BSE received clarifications from Bombay Burmah Trading Corporation Limited and Tarapur Transformers Limited regarding price and volume movements in their securities.
Summary
BSE published clarifications from two companies responding to surveillance queries about unusual price and volume movements. The Bombay Burmah Trading Corporation Limited (Scrip Code: 501425) responded to a volume movement inquiry dated October 20, 2025, while Tarapur Transformers Limited (Stock Code: 533203) responded to a price movement inquiry dated October 16, 2025. Both companies confirmed they have no undisclosed price-sensitive information and attribute the movements to market conditions.
Key Points
- The Bombay Burmah Trading Corporation Limited confirmed all required disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015 have been made
- The company stated there is no price sensitive information requiring disclosure and does not know the reasons for increased volume
- Tarapur Transformers Limited confirmed compliance with all material disclosure requirements under Regulation 30
- Tarapur attributes share price movement to market conditions and states the company has no control or knowledge of specific reasons
- Both companies reaffirmed their commitment to ongoing compliance with listing regulations
Regulatory Changes
No regulatory changes announced. This circular documents routine surveillance responses.
Compliance Requirements
Both companies confirmed they are compliant with:
- Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Timely disclosure of all material information affecting operations and performance
- All applicable listing regulations and laws
Important Dates
- October 16, 2025: BSE and NSE sent surveillance query to Tarapur Transformers Limited
- October 17, 2025: Tarapur Transformers Limited submitted response
- October 20, 2025: BSE sent surveillance query to Bombay Burmah Trading Corporation Limited
- October 20, 2025: Bombay Burmah Trading Corporation Limited submitted response
Impact Assessment
Minimal market impact. These are routine surveillance clarifications where companies confirm no undisclosed material information exists. The price and volume movements are attributed to normal market dynamics rather than company-specific developments. No action required by investors or market participants beyond noting the companies’ compliance confirmations.
Impact Justification
Routine surveillance clarifications with no material information disclosed; companies attribute movements to market conditions