Description

BSE requested clarifications from Narayana Hrudayalaya Limited, Anand Rathi Share and Stock Brokers Limited, and B.C. Power Controls Limited regarding unusual price/volume movements. All companies confirmed no pending price-sensitive information.

Summary

BSE sought clarifications from three listed companies - Narayana Hrudayalaya Limited (Scrip Code: 539551), Anand Rathi Share and Stock Brokers Limited (Scrip Code: 544530), and B.C. Power Controls Limited (Scrip Code: 537766) - regarding unusual movements in their securities’ price and/or volume on November 18, 2025. All companies responded confirming that they have no pending price-sensitive information or announcements that could have influenced the price behavior, and affirmed compliance with SEBI LODR Regulation 30 disclosure requirements.

Key Points

  • BSE surveillance department observed significant price/volume movements in securities of three companies
  • Narayana Hrudayalaya Limited confirmed all disclosures made timely under Regulation 30 of SEBI LODR 2015
  • Anand Rathi Share and Stock Brokers Limited clarified no pending price-sensitive information exists
  • B.C. Power Controls Limited response included but document appears truncated
  • All companies attributed price movements to market-driven conditions
  • Companies reaffirmed commitment to timely disclosure of material events

Regulatory Changes

No regulatory changes announced. This is a routine surveillance activity under existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Requirements

  • Companies must respond to BSE surveillance queries regarding unusual price/volume movements
  • Ongoing compliance with Regulation 30 of SEBI LODR 2015 for disclosure of material events
  • Companies must confirm whether any pending information could impact price behavior
  • Timely and accurate disclosure of all price-sensitive information remains mandatory

Important Dates

  • November 17-18, 2025: BSE issued surveillance queries to respective companies
  • November 18, 2025: Companies submitted clarifications to BSE

Impact Assessment

Market Impact: Minimal. These are routine surveillance clarifications with no material information disclosed. The price/volume movements were confirmed to be market-driven with no undisclosed corporate developments.

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

Operational Impact: None. This is standard exchange surveillance procedure to ensure market integrity and prevent information asymmetry.

Impact Justification

Routine surveillance clarifications with no material information disclosed. Companies confirmed compliance with disclosure norms and attributed movements to market conditions.