Description

BSE circular containing clarification responses from three companies regarding significant price/volume movements in their securities.

Summary

BSE issued surveillance letters to three companies requesting clarification on significant price and volume movements in their securities. All three companies - Narayana Hrudayalaya Limited, Anand Rathi Share and Stock Brokers Limited, and B.C. Power Controls Limited - responded that they have no pending price-sensitive information and have made all necessary disclosures in compliance with SEBI LODR Regulations 2015. The companies attributed the price/volume movements to market-driven factors.

Key Points

  • Narayana Hrudayalaya Limited (Scrip Code: 539551, 975516, 976418) responded to BSE surveillance query dated November 18, 2025 regarding volume movement
  • Anand Rathi Share and Stock Brokers Limited (Scrip Code: 544530) responded to BSE query dated November 17, 2025 regarding price movement
  • B.C. Power Controls Limited (Scrip Code: 537766) submitted clarification on November 18, 2025 regarding price movement
  • All companies confirmed no pending information or announcements with bearing on price/volume behavior
  • All companies affirmed compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies stated that price/volume movements are purely market-driven

Regulatory Changes

No regulatory changes announced. This circular documents routine surveillance activities and compliance responses.

Compliance Requirements

  • Companies must respond promptly to BSE surveillance queries regarding abnormal price/volume movements
  • Companies must confirm whether any pending price-sensitive information exists
  • Companies must affirm compliance with timely disclosure requirements under Regulation 30 of SEBI LODR 2015
  • All material events and price-sensitive information must be disclosed to stock exchanges promptly

Important Dates

  • November 17, 2025: BSE surveillance query sent to Anand Rathi Share and Stock Brokers Limited
  • November 18, 2025: BSE surveillance query sent to Narayana Hrudayalaya Limited
  • November 18, 2025: Clarification responses submitted by all three companies

Impact Assessment

Market Impact: Low - These are routine clarifications with no new material information disclosed. The companies confirmed no undisclosed price-sensitive information exists.

Investor Impact: Low - Provides transparency that recent price/volume movements were market-driven and not due to undisclosed company-specific developments.

Operational Impact: None - Standard surveillance and disclosure compliance process with no operational changes required.

Companies Affected:

  • Narayana Hrudayalaya Limited (healthcare sector)
  • Anand Rathi Share and Stock Brokers Limited (financial services/broking sector)
  • B.C. Power Controls Limited (power/electrical sector)

Impact Justification

Routine surveillance clarifications with no material information disclosure; companies confirmed compliance with regulations and attributed movements to market forces