Description

BSE circular containing clarifications from Shyam Century Ferrous Limited, Genesys International Corporation Limited, and InfoBeans Technologies Ltd regarding unusual price or volume movements in their securities.

Summary

BSE published clarifications from three companies - Shyam Century Ferrous Limited (scrip code 539252), Genesys International Corporation Limited (scrip code 506109), and InfoBeans Technologies Ltd (scrip code 543644) - responding to surveillance queries about unusual price or volume movements in their securities. All three companies confirmed they have no undisclosed price-sensitive information and attributed the movements to market forces.

Key Points

  • Shyam Century Ferrous Limited clarified no significant incident/news/development affecting security price; movements are market-driven
  • Genesys International Corporation Limited responded to volume spurt query, confirming no undisclosed information under SEBI Listing Regulations
  • InfoBeans Technologies Ltd addressed price movement query, confirming all disclosures made timely under Regulation 30 of SEBI LODR
  • All companies confirmed compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • No material information withheld that may have bearing on operations/performance

Regulatory Changes

No regulatory changes announced. This circular documents routine surveillance activities under existing SEBI Listing Regulations.

Compliance Requirements

  • Companies must respond to stock exchange surveillance queries regarding unusual price or volume movements
  • Companies must confirm whether any undisclosed price-sensitive information exists
  • Ongoing compliance with Regulation 30 of SEBI LODR for material event disclosures required
  • Companies must inform exchanges if any development may affect security prices

Important Dates

  • December 05, 2025: NSE and BSE sought clarification from Shyam Century Ferrous Limited
  • December 06, 2025: Shyam Century Ferrous Limited responded to exchanges
  • December 08, 2025: BSE sought clarifications from Genesys International and InfoBeans Technologies
  • December 08, 2025: Both companies provided responses on same day

Impact Assessment

Minimal market impact as this is routine surveillance activity. All three companies confirmed no material undisclosed information exists. The clarifications provide transparency to market participants that recent price/volume movements in these securities are market-driven rather than based on fundamental company developments. No trading restrictions or further surveillance measures indicated.

Impact Justification

Routine surveillance clarifications with no material developments disclosed by the companies; all confirmed movements are market-driven with no price-sensitive information to announce.