Description

Companies provide clarifications to BSE regarding significant increase in trading volumes of their securities.

Summary

BSE sought clarifications from The India Cements Limited, Uniparts India Limited, and MMTC Limited regarding significant increases in trading volumes of their securities. All three companies responded confirming full compliance with SEBI (LODR) Regulations, 2015 disclosure requirements and stated they have no undisclosed information that may have bearing on the price or volume behavior of their shares.

Key Points

  • The India Cements Limited (Scrip Code: 530005) confirmed compliance with all disclosure requirements under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Uniparts India Limited (Scrip Code: 543689) stated all required disclosures have been made and no information has been withheld
  • MMTC Limited (Scrip Code: 513377) regularly intimates stock exchanges about significant events and confirmed no reportable events pending
  • All companies clarified no impending announcements or undisclosed material information exists
  • Responses submitted on October 31, 2025

Regulatory Changes

No regulatory changes introduced. This circular documents routine surveillance responses.

Compliance Requirements

  • Companies must respond to BSE surveillance queries regarding unusual price or volume movements
  • Companies must confirm compliance with SEBI (LODR) Regulations, 2015, particularly Regulation 30 on disclosure of material events
  • Companies must clarify whether any undisclosed information exists that could impact stock prices or volumes

Important Dates

  • October 31, 2025: Date of clarification submissions by all three companies
  • October 30, 2025: BSE surveillance query sent to MMTC Limited
  • October 31, 2025: BSE surveillance queries sent to The India Cements Limited and Uniparts India Limited

Impact Assessment

Minimal market impact. These are standard surveillance responses confirming regulatory compliance. The clarifications indicate the volume spurts were not driven by undisclosed material information from the companies. No new material information disclosed that would affect investment decisions. Market participants can be assured that companies are in compliance with disclosure obligations under SEBI regulations.

Impact Justification

Routine surveillance clarifications where companies confirm compliance with disclosure requirements and state no undisclosed material information exists