Description

BSE circular containing clarifications from West Leisure Resorts Limited, Latent View Analytics Limited, and Eldeco Housing and Industries Limited regarding price and volume movements in their securities.

Summary

BSE issued a circular containing clarifications from three companies - West Leisure Resorts Limited (Scrip Code: 538382), Latent View Analytics Limited (Scrip Code: 543398), and Eldeco Housing and Industries Limited (Scrip Code: 523329) - in response to BSE’s surveillance queries regarding significant price and volume movements in their securities. All three companies confirmed that the movements were market-driven and that they have no undisclosed information that could impact their share prices.

Key Points

  • West Leisure Resorts Limited clarified that price movement is purely market-driven with no specific reasons known to the company
  • Company confirmed full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • No undisclosed information or impending announcements that may affect price behavior
  • Latent View Analytics Limited responded to queries about significant increase in trade volume across exchanges
  • Confirmed compliance with Regulation 30 of SEBI LODR Regulations, 2015
  • Stated that volume increase was due to market conditions and market-driven forces
  • Eldeco Housing and Industries Limited provided clarification on significant price movement (reference incomplete in source document)
  • All companies maintain good corporate governance practices and timely disclosures

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies confirmed ongoing compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Timely disclosure of material events to stock exchanges as required under Regulation 30
  • Companies committed to keeping exchanges informed and adhering to compliance requirements in the interest of investors

Important Dates

  • December 8, 2025: BSE surveillance email sent to West Leisure Resorts Limited (Ref: L/SURV/ONL/PV/AJ/2025-2026/3188)
  • December 8, 2025: BSE surveillance email sent to Eldeco Housing (Ref: L/SURV/ONL/PV/AJ/2025-2026/3186)
  • December 9, 2025: BSE surveillance email sent to Latent View Analytics (Ref: L/SURV/ONL/PV/APJ/2025-2026/745)
  • December 9, 2025: Companies submitted their clarifications to BSE

Impact Assessment

Market Impact: Minimal. These are routine surveillance clarifications confirming that price and volume movements are market-driven without any undisclosed material information.

Investor Impact: Low. Provides transparency that no material undisclosed information exists that could affect investment decisions. Confirms companies are compliant with disclosure norms.

Operational Impact: None. Standard surveillance procedure by BSE to ensure market integrity and compliance with listing regulations. No action required from investors or other market participants.

Impact Justification

Routine clarifications from companies stating price/volume movements are market-driven with no undisclosed material information. Standard surveillance responses with no regulatory changes or material impact.