Description

BSE circular containing clarifications from Bharat Forge Limited and Epack Prefab Technologies Limited regarding significant volume movements in their securities.

Summary

BSE issued a circular containing clarifications from two companies - Bharat Forge Limited (Scrip Code: 500493) and Epack Prefab Technologies Limited (Scrip Code: 544540) - in response to exchange queries regarding significant increases in trading volumes of their securities on October 24, 2025. Both companies confirmed compliance with SEBI Listing Regulations and stated there is no undisclosed price sensitive information.

Key Points

  • Bharat Forge Limited: Responded to BSE email L/SURV/ONL/PV/AA/2025-2026/599 regarding volume increase
  • Company confirms full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • No undisclosed or price sensitive information pending
  • No impending announcement or corporate action affecting price/volume behavior
  • Epack Prefab Technologies Limited: Recently approved Financial Results for Q1 (June 30, 2025) and Q2/H1 (September 30, 2025) on October 22, 2025
  • Investor call conducted at 4 PM on October 24, 2025 with required presentations and compliances completed
  • No other material information pending disclosure

Regulatory Changes

No regulatory changes announced. This is a routine surveillance circular.

Compliance Requirements

  • Companies confirmed they are monitoring market developments continuously
  • Both companies assured continued prompt disclosure of all material events under Listing Regulations
  • All required disclosures under Regulation 30 read with Schedule III of SEBI Listing Regulations have been made

Important Dates

  • October 24, 2025: Date of BSE surveillance query and company responses
  • October 22, 2025: Epack Prefab approved financial results for Q1 and Q2/H1 FY2025-26
  • October 24, 2025, 4 PM: Epack Prefab investor call

Impact Assessment

Market Impact: Low - These are routine surveillance clarifications with no new material information disclosed. Both companies confirmed no pending announcements or undisclosed price sensitive information.

Operational Impact: None - Standard compliance responses to exchange surveillance queries.

Investor Impact: Neutral - Provides reassurance that volume movements are not due to undisclosed material information. Epack Prefab’s recent financial results approval and investor call are part of normal quarterly disclosure cycle.

Impact Justification

Routine clarifications confirming no undisclosed price sensitive information; standard surveillance responses with no material impact