Description

BSE requests clarifications from NRB Bearings, Wockhardt Limited, and Bandaram Pharma Packtech regarding significant volume movements in their securities. All companies confirm no undisclosed price-sensitive information.

Summary

BSE’s Surveillance Department sought clarifications from three companies—NRB Bearings (Scrip Code: 530367), Wockhardt Limited, and Bandaram Pharma Packtech Limited—regarding significant volume increases in their securities. All three companies responded on December 2, 2025, confirming they have no undisclosed information that could impact share prices and that all material disclosures have been made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Points

  • NRB Bearings confirmed no undisclosed price-sensitive information and referenced their December 1, 2025 disclosure about entering a Joint Venture with Italian bearing manufacturer Unitec (Mondial Group)
  • Wockhardt Limited verified internal records and confirmed no pending announcements or events requiring disclosure under Regulation 30
  • Bandaram Pharma Packtech stated no events or information affecting company operations/performance that could result in price increase
  • All companies attributed volume increases to market-driven factors beyond their control
  • All companies confirmed ongoing compliance with Regulation 30 disclosure requirements

Regulatory Changes

No regulatory changes. This is a routine surveillance activity under existing SEBI (LODR) Regulations, 2015.

Compliance Requirements

  • Companies must respond to BSE surveillance queries regarding unusual price/volume movements
  • Companies must confirm whether any undisclosed material information exists that could impact security prices
  • Companies must verify compliance with Regulation 30 disclosure obligations
  • Companies must review internal records and operations when queried by exchanges

Important Dates

  • December 2, 2025: Date of BSE surveillance queries and company responses
  • December 1, 2025: NRB Bearings disclosed Joint Venture with Unitec (Mondial Group)

Impact Assessment

Market Impact: Minimal. The clarifications confirm no undisclosed material information exists, suggesting volume movements are market-driven rather than company-specific developments.

Investor Impact: Neutral. Investors can be assured that companies are compliant with disclosure norms and no material information has been withheld.

Operational Impact: None. This is routine surveillance activity with standard company responses confirming regulatory compliance.

Impact Justification

Routine surveillance queries with standard responses confirming no undisclosed material information. No regulatory action or market impact expected.