Description

Companies respond to stock exchange queries regarding significant price and volume movements in their securities, confirming compliance with disclosure requirements.

Summary

BSE has published clarifications received from three companies responding to stock exchange surveillance queries regarding significant movements in price and/or volume of their securities. Tainwala Chemicals and Plastics (India) Limited, Dolphin Offshore Enterprises (India) Limited, and India Cements Limited have all confirmed compliance with disclosure requirements and stated that no undisclosed material information exists that could affect price/volume behavior.

Key Points

  • Tainwala Chemicals and Plastics (India) Limited (BSE: 507785, NSE: TAINWALCHM) responded to queries dated December 17, 2025
  • Dolphin Offshore Enterprises (India) Limited (BSE: 522261) responded to NSE surveillance query ref. NSE/CM/Surveillance/16186
  • India Cements Limited (BSE: 530005) responded to BSE query dated December 18, 2025 regarding volume spurt
  • All companies confirmed full compliance with disclosure requirements under SEBI (LODR) Regulations, 2015
  • All companies stated there is no hidden or undisclosed information affecting scrip behavior
  • Price and volume movements attributed to market behavior and market-driven factors

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must respond to stock exchange surveillance queries regarding unusual price/volume movements
  • Companies must confirm compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies must disclose if any material information exists that could impact price/volume behavior

Important Dates

  • December 17, 2025: Date of surveillance queries from BSE and NSE to Tainwala Chemicals and Dolphin Offshore
  • December 18, 2025: Date of surveillance query to India Cements Limited and responses submitted

Impact Assessment

Market Impact: Minimal. These are routine surveillance responses with no new material disclosures.

Investor Impact: Low. Clarifications confirm that recent price/volume movements in these securities are market-driven with no undisclosed corporate developments.

Operational Impact: None. Standard surveillance procedure requiring company responses to exchange queries about trading activity.

Stocks Affected:

  • Tainwala Chemicals and Plastics (India) Limited (BSE: 507785, NSE: TAINWALCHM)
  • Dolphin Offshore Enterprises (India) Limited (BSE: 522261)
  • India Cements Limited (BSE: 530005)

Impact Justification

Routine surveillance responses confirming no undisclosed material information; price movements attributed to market behavior