Description

BSE received clarifications from KSB Limited, Best Agrolife Ltd, and Halder Venture Limited regarding unusual price or volume movements in their securities.

Summary

BSE received clarification letters from three companies—KSB Limited (Scrip Code: 500249), Best Agrolife Ltd (Scrip Code: 539660), and Halder Venture Limited—in response to BSE Surveillance queries regarding unusual price or volume movements in their securities. All companies confirmed that there is no undisclosed price-sensitive information and that they have been compliant with SEBI LODR Regulations 2015.

Key Points

  • KSB Limited responded to BSE’s query about increased trading volume, confirming no undisclosed material information
  • KSB attributed the volume increase to market conditions and market-driven factors
  • Best Agrolife Ltd confirmed all necessary disclosures have been made under Regulation 30 of SEBI LODR
  • Best Agrolife stated no pending information or price-sensitive announcements are pending disclosure
  • Halder Venture Limited was also queried regarding price movement clarification (letter dated November 28, 2025)
  • All companies reaffirmed commitment to timely disclosure of material events per regulatory requirements
  • Companies confirmed they will promptly disclose any future material information

Regulatory Changes

No regulatory changes introduced. This circular documents routine compliance with existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 regarding disclosure of material events.

Compliance Requirements

  • Companies must respond to BSE Surveillance queries regarding unusual price/volume movements
  • Companies must confirm whether any undisclosed price-sensitive information exists
  • Companies must clarify compliance status with Regulation 30 of SEBI LODR Regulations 2015
  • Ongoing obligation to promptly disclose material events and price-sensitive information
  • Companies must maintain regular communication with stock exchanges regarding events affecting operations/performance

Important Dates

  • December 1, 2025: KSB Limited’s clarification letter submitted
  • November 29, 2025: Best Agrolife Ltd’s clarification letter submitted
  • November 29, 2025: Halder Venture Limited’s clarification letter submitted (referenced)
  • November 28, 2025: BSE Surveillance queries issued to companies

Impact Assessment

Market Impact: Minimal. These are routine surveillance clarifications with no material disclosures or new information affecting market sentiment.

Operational Impact: None. The circular is informational, documenting companies’ responses to standard surveillance queries.

Investor Impact: Low. The clarifications confirm that observed price/volume movements were market-driven with no undisclosed corporate developments. Investors can be assured that companies are compliant with disclosure norms.

Regulatory Impact: Demonstrates active surveillance by BSE and compliance by listed entities with transparency requirements under SEBI LODR Regulations.

Impact Justification

Routine surveillance clarifications from companies confirming no undisclosed price-sensitive information; purely informational disclosure with no regulatory changes or material impact