Description

Standard regulatory responses from three companies clarifying that recent price/volume movements are market-driven with no undisclosed material information.

Summary

BSE received clarifications from three listed companies - DCM Shriram Limited, Amkay Products Limited, and Sheetal Cool Products Limited - in response to stock exchange surveillance queries regarding unusual price or volume movements in their scrips. All three companies confirmed they have no undisclosed material information and have complied with all disclosure requirements under SEBI (LODR) Regulations, 2015.

Key Points

  • DCM Shriram Limited (Scrip Code: 523367) responded to volume movement query dated December 12, 2025
  • Amkay Products Limited (Scrip Code: 544169) responded to price movement query dated December 11, 2025
  • Sheetal Cool Products Limited (Scrip Code: 540757) responded to price movement query dated December 11, 2025
  • All companies confirmed compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
  • No undisclosed price-sensitive information or material events reported
  • Companies attribute price/volume movements to market conditions beyond their control

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must respond to stock exchange surveillance queries regarding unusual price or volume movements
  • Continued obligation to disclose material events and price-sensitive information under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Companies must confirm whether any undisclosed information exists that could impact stock performance

Important Dates

  • December 11, 2025: BSE sent surveillance queries to Amkay Products and Sheetal Cool Products
  • December 12, 2025: BSE sent volume movement query to DCM Shriram (10:24 AM)
  • December 12, 2025: All three companies submitted clarifications

Impact Assessment

Market Impact: Minimal. These are routine surveillance responses with no new material information disclosed. The clarifications confirm that recent price/volume movements are market-driven rather than based on undisclosed company-specific developments.

Investor Impact: No action required. The responses indicate no undisclosed material events affecting these companies. Investors can rely on previously disclosed information for investment decisions.

Compliance Impact: Demonstrates active surveillance by BSE and compliance by listed companies with disclosure obligations. Reinforces the regulatory framework for transparency in price movements.

Impact Justification

Routine surveillance clarifications with no new material information or undisclosed events. Companies confirm compliance with disclosure obligations and attribute price movements to market conditions.