Description

Zen Technologies Limited and Advance Agrolife Limited provide clarifications on volume spurt and price movement in their securities, confirming no undisclosed material information.

Summary

Zen Technologies Limited (Scrip Code: 533339) and Advance Agrolife Limited (Scrip Code: 544562) submitted clarifications to BSE regarding unusual trading activity in their securities. Both companies confirmed full compliance with SEBI Listing Regulations, particularly Regulation 30, and stated there is no undisclosed material information that could explain the recent volume spurt or price movement. The companies attribute the trading activity to market conditions beyond their control.

Key Points

  • Zen Technologies Limited responded to BSE query on October 28, 2025 regarding volume spurt
  • Advance Agrolife Limited responded to exchange queries dated October 27, 2025 regarding price movement
  • Both companies confirm compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
  • All price sensitive information has been disclosed within statutory timelines
  • No undisclosed material information or impending announcements exist
  • Trading activity attributed to market-driven conditions
  • Companies reiterate commitment to highest standards of corporate governance

Regulatory Changes

No regulatory changes announced. This is a routine disclosure in response to exchange surveillance queries.

Compliance Requirements

  • Companies must respond promptly to exchange queries regarding unusual price/volume movements
  • Continuous compliance with Regulation 30 disclosure requirements
  • Timely disclosure of all material events and price sensitive information
  • Maintenance of corporate website with all regulatory disclosures

Important Dates

  • October 28, 2025: Zen Technologies clarification submitted
  • October 27, 2025: Advance Agrolife received exchange query (NSE/CM/Surveillance/16022)
  • October 28, 2025: Advance Agrolife clarification submitted

Impact Assessment

Market Impact: Minimal. These are routine clarifications confirming no undisclosed material developments. The unusual trading activity is market-driven.

Investor Impact: Provides assurance to investors that companies are transparent and have disclosed all material information as required.

Operational Impact: None. Normal business operations continue without any regulatory concerns or compliance issues.

Companies Mentioned:

  • Zen Technologies Limited (BSE Scrip Code: 533339) - Website: www.zentechnologies.com
  • Advance Agrolife Limited (BSE Scrip Code: 544562, NSE Symbol: ADVANCE)

Impact Justification

Routine clarifications confirming no undisclosed material information, market-driven price/volume movements with no regulatory implications