Description

BSE surveillance clarifications from Hindware Home Innovation Limited, Jay Ushin Ltd, and Kati Patang Lifestyle Limited regarding recent price and volume movements in their securities.

Summary

BSE issued surveillance queries to three companies regarding unusual price or volume movements. All three companies—Hindware Home Innovation Limited (Scrip: 542905), Jay Ushin Ltd (Scrip: 513252), and Kati Patang Lifestyle Limited (Scrip: 531126)—responded confirming compliance with disclosure requirements and stating no undisclosed material events affecting their operations.

Key Points

  • Hindware Home Innovation Limited: Responded to volume increase query on November 4, 2025, confirming no material events and adherence to timely disclosure requirements
  • Jay Ushin Ltd: Clarified media reports about rare earth magnet imports from China, stating the company has been importing these materials for automotive products for several years through authorized Indian traders
  • Kati Patang Lifestyle Limited: Confirmed all material information has been disclosed in accordance with Regulation 30 of SEBI LODR 2015
  • All companies attributed price/volume movements to market forces beyond their control

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Companies confirmed compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • All material price-sensitive information disclosed in timely and transparent manner
  • Companies maintaining adherence to corporate governance disclosure principles outlined in Regulation 4

Important Dates

  • November 3, 2025: BSE query sent to Kati Patang Lifestyle Limited (Ref: L/SURV/ONL/PV/AJ/2025-2026/3169)
  • November 4, 2025: BSE query sent to Hindware Home Innovation (Ref: L/SURV/ONL/PV/AA/2025-2026/654) and Jay Ushin Ltd
  • November 4, 2025: All three companies submitted clarifications

Impact Assessment

Market Impact: Minimal. These are routine surveillance responses confirming no undisclosed material information. The clarifications provide transparency but do not reveal any new fundamental developments.

Operational Impact: None. Companies confirmed normal operations with no material changes.

Investor Impact: Low. Jay Ushin’s clarification about rare earth magnet imports may address investor concerns arising from media reports, confirming this is an existing business practice rather than a new development. Price and volume movements attributed to normal market forces.

Impact Justification

Routine surveillance clarifications confirming no undisclosed material events; standard responses to exchange queries about price/volume movements