Description

BSE circular containing clarifications from Kiri Industries Limited, Lumax Industries Limited, and Olatech Solutions Limited regarding significant increases in trading volume of their securities.

Summary

BSE issued surveillance queries to Kiri Industries Limited (Scrip ID: 532967), Lumax Industries Limited (Security Code: 517206), and Olatech Solutions Limited (BSE Scrip Code: 543578) on November 26, 2025, seeking clarifications on significant increases in trading volume. All three companies responded confirming full compliance with SEBI (LODR) Regulations, 2015, particularly Regulation 30, and stated that they have not withheld any material price-sensitive information. The companies attributed the volume increases to market-driven factors.

Key Points

  • BSE Surveillance sent clarification queries (Ref. Nos. L/SURV/ONL/PV/AA/ 2025-2026 / 702, 703, and 700) to three companies regarding increased trading volumes
  • Kiri Industries Limited confirmed all requisite disclosures made under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Lumax Industries Limited affirmed continued compliance with disclosure requirements and stated no undisclosed material information exists
  • Olatech Solutions Limited response was partially included in the source document
  • All companies confirmed that recent trading volume increases appear to be purely market-driven
  • Companies assured continued compliance with listing regulations and timely disclosure of material information

Regulatory Changes

No regulatory changes announced. This circular contains routine compliance clarifications under existing SEBI (LODR) Regulations, 2015.

Compliance Requirements

  • Companies must respond to BSE surveillance queries regarding unusual price or volume movements
  • Companies must maintain compliance with Regulation 30 of SEBI (LODR) Regulations, 2015 for disclosure of material events
  • All price-sensitive information must be disclosed promptly and adequately to stock exchanges
  • Companies must confirm whether any undisclosed material information exists that could impact price or volume

Important Dates

  • November 26, 2025: Date of BSE surveillance queries and company responses

Impact Assessment

Market Impact: Low - These are routine surveillance clarifications with no new material disclosures or regulatory concerns identified.

Operational Impact: Minimal - Companies confirmed existing compliance processes are adequate and no operational changes required.

Investor Impact: Neutral - Clarifications provide assurance that volume increases are market-driven with no hidden material information, supporting market transparency.

Compliance Impact: Routine - Standard surveillance mechanism functioning as intended to ensure market integrity and timely disclosure compliance.

Impact Justification

Routine surveillance clarifications from companies confirming compliance with disclosure requirements and stating that volume increases are market-driven with no undisclosed material information