Description

Companies respond to stock exchange queries regarding recent price movements in their equity shares, attributing the movements to market conditions and disclosed information.

Summary

BSE published clarifications from two companies - Digjam Limited and Aerpace Industries Limited - in response to stock exchange queries about recent price movements in their equity shares. Both companies confirmed they have disclosed all material information as required under SEBI LODR Regulations and attributed price movements to market conditions and previously disclosed information.

Key Points

  • Digjam Limited stated the price movement is purely market-driven with no undisclosed price-sensitive information
  • Digjam confirmed all material events have been disclosed under Regulation 30 of SEBI LODR Regulations
  • Aerpace Industries attributed price movement to previously disclosed public information
  • Aerpace referenced two specific disclosures: appointment of Mr. Prakash Gaur as Non-Executive Director (effective September 26, 2025) and execution of MoU with Government of Andhra Pradesh
  • Both companies reiterated their commitment to timely disclosure requirements
  • Responses were provided to both BSE and NSE surveillance departments

Regulatory Changes

No regulatory changes announced. This circular contains routine compliance disclosures.

Compliance Requirements

No new compliance requirements. Companies reaffirmed their adherence to:

  • Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Timely disclosure of price-sensitive information and material events

Important Dates

  • December 16, 2025: Stock exchanges sent clarification requests
  • December 17, 2025: Companies submitted clarification responses
  • September 26, 2025: Effective date of Mr. Prakash Gaur’s appointment at Aerpace Industries (previously disclosed)

Impact Assessment

Minimal market impact. This is a routine surveillance activity where exchanges seek clarification on unusual price movements. Both companies confirmed no undisclosed material events, suggesting price movements were market-driven based on publicly available information. The clarifications provide transparency but do not reveal new information that would affect trading or investment decisions.

Impact Justification

Routine clarifications on price movements with no new material information or regulatory changes. Companies confirmed compliance with existing disclosure norms.