Description
MMTC Limited and Jyoti CNC Automation Limited provide clarifications to BSE regarding unusual price and volume movements in their securities.
Summary
BSE requested clarifications from MMTC Limited and Jyoti CNC Automation Limited regarding unusual price and volume movements in their securities. Both companies confirmed that they have no undisclosed material information that could have caused the movements and have been regularly disclosing all significant events to the stock exchanges as required under SEBI LODR Regulations.
Key Points
- MMTC Limited (BSE Scrip Code: 513377, NSE Symbol: MMTC) responded to BSE’s query dated December 10, 2025 regarding spurt in volume
- Jyoti CNC Automation Limited (BSE Scrip Code: 544081) responded to BSE’s query dated December 11, 2025 regarding movement in volume
- Both companies confirmed regular and timely disclosure of all significant events that may impact stock prices
- No unreported material information exists under Regulation 30 of SEBI LODR Regulations 2015
- Companies stated they have been complying with all disclosure requirements
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Companies are required to respond to stock exchange surveillance queries regarding unusual price/volume movements
- Compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for disclosure of material events
- Regular intimation to stock exchanges about significant events that may affect stock prices
Important Dates
- December 10, 2025: BSE query sent to MMTC Limited
- December 11, 2025: MMTC Limited’s response submitted
- December 11, 2025: BSE query sent to Jyoti CNC Automation Limited
- December 11, 2025: Jyoti CNC Automation Limited’s response submitted
Impact Assessment
Minimal market impact. These are routine surveillance clarifications where companies confirm compliance with disclosure norms. The clarifications indicate that the observed price/volume movements were not driven by undisclosed material information, providing transparency to market participants. No corrective action or material disclosures resulted from these queries.
Impact Justification
Routine clarifications by companies confirming no undisclosed material information behind price/volume movements