Description

Companies provide clarifications regarding volume and price movements in their equity shares in response to BSE inquiries.

Summary

BSE sought clarifications from multiple companies regarding unusual volume and price movements in their equity shares. Adani Green Energy Limited, Adani Total Gas Limited, and Arigato Universe Limited responded stating that the movements are purely market-driven and the companies have no control or knowledge of specific reasons. All companies confirmed compliance with SEBI Regulation 30 disclosure requirements.

Key Points

  • Adani Green Energy Limited (Scrip Code: 541450) clarified that volume movement is market-driven with no management control or knowledge
  • Adani Total Gas Limited (Scrip Code: 542066) stated that share volume/price movements are due to market conditions
  • Arigato Universe Limited (BSE Code: 530267) confirmed all material information has been disclosed as required
  • All companies confirmed ongoing compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies reiterated commitment to continue making required disclosures under Regulation 30

Regulatory Changes

No regulatory changes announced. This is a routine surveillance inquiry and response process.

Compliance Requirements

  • Companies must respond to BSE surveillance inquiries regarding unusual price/volume movements
  • Continued adherence to Regulation 30 of SEBI (LODR) Regulations, 2015 for material event disclosures
  • Companies must confirm whether any undisclosed material information exists that could impact share price/volume

Important Dates

  • October 30, 2025: Date of company responses to BSE
  • October 30, 2025: Date of BSE surveillance inquiry emails
  • October 28, 2025: Date of BSE inquiry to Arigato Universe Limited

Impact Assessment

Market Impact: Minimal. These are standard clarifications confirming no undisclosed material information exists. The responses indicate normal market activity without company-specific triggers.

Investor Impact: Low. Investors are assured that companies are compliant with disclosure norms and no material information is being withheld.

Operational Impact: None. This is a routine surveillance and disclosure process with no operational changes required.

Impact Justification

Routine clarifications from companies stating that volume/price movements are market-driven with no material undisclosed information. Standard surveillance responses with no regulatory changes or compliance actions.