Description

Three companies provide clarifications to BSE regarding spurt in trading volumes of their securities, confirming compliance with disclosure requirements.

Summary

BSE sought clarifications from The India Cements Limited (Scrip Code: 530005), Uniparts India Limited (Scrip Code: 543689), and MMTC Ltd (Scrip Code: 513377) regarding significant increases in trading volumes of their securities. All three companies responded on October 31, 2025, stating they are in full compliance with SEBI (LODR) Regulations, 2015 and have no undisclosed information that may affect their stock prices or volumes.

Key Points

  • The India Cements Limited confirmed total compliance with disclosure requirements under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Uniparts India Limited stated all required disclosures have been made and no information has been withheld
  • MMTC Ltd confirmed they regularly intimate stock exchanges about significant events and have no unreported events affecting stock prices
  • All three companies confirmed no pending announcements or material information awaiting disclosure
  • Responses were to BSE surveillance queries dated October 30-31, 2025

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

No new compliance requirements. Companies reaffirmed existing compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Regulation 30 disclosure requirements
  • Timely disclosure of price-sensitive information

Important Dates

  • October 30, 2025: BSE sent surveillance query to MMTC Ltd
  • October 31, 2025: BSE sent surveillance queries to The India Cements Limited and Uniparts India Limited
  • October 31, 2025: All three companies submitted their clarifications

Impact Assessment

This circular has minimal market impact as it contains routine surveillance clarifications with no material new information. The companies confirmed they have no undisclosed events or announcements that would explain volume spurts. Such clarifications are standard exchange surveillance practice to ensure transparency and prevent speculation. Investors should note that no fundamental corporate developments were disclosed by any of the three companies.

Impact Justification

Routine clarifications with no material disclosures or new information affecting stock prices