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 surveillance queries regarding significant price and volume movements in their securities. All three companies confirmed that the movements were market-driven with no undisclosed information.

Key Points

  • West Leisure Resorts Limited clarified that price movement is purely market driven with no specific reasons
  • Latent View Analytics Limited confirmed increased trade volume is due to market conditions and absolutely market driven
  • Eldeco Housing and Industries Limited responded to surveillance query dated December 8, 2025
  • All companies confirmed compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • No undisclosed information or impending announcements from any of the three companies
  • All required disclosures have been timely made to BSE Limited

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Companies must respond to BSE surveillance queries regarding unusual price/volume movements
  • Companies must confirm compliance with SEBI LODR Regulations, 2015, specifically Regulation 30
  • Companies must disclose if there is any undisclosed information that may affect price behavior
  • All information must be hosted on company websites in addition to stock exchange submissions

Important Dates

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

Impact Assessment

Market Impact: Minimal. These are routine surveillance clarifications confirming no material undisclosed information exists. The price and volume movements were attributed to normal market conditions.

Investor Impact: Low. Provides transparency that recent trading activity in these three stocks is market-driven rather than based on undisclosed corporate developments.

Operational Impact: None. Companies confirmed they are maintaining good corporate governance practices and timely compliance with disclosure requirements.

Surveillance Action: BSE’s proactive monitoring demonstrates exchange vigilance in ensuring fair markets and protecting investor interests through timely clarification requests.

Impact Justification

Routine surveillance clarifications with no undisclosed information or material events. Companies confirmed movements are market-driven and all disclosures are current.