Description

Companies respond to stock exchanges regarding significant price and volume movements in their securities, confirming no undisclosed material information.

Summary

Three companies - Tainwala Chemicals and Plastics (India) Limited, Dolphin Offshore Enterprises (India) Limited, and India Cements Limited - submitted clarifications to BSE and NSE in response to surveillance queries regarding significant price and volume movements in their securities on December 17-18, 2025. All companies confirmed they have disclosed all material information as required under SEBI regulations and have no undisclosed information that could affect price/volume behavior.

Key Points

  • Tainwala Chemicals (BSE: 507785, NSE: TAINWALCHM) responded to queries about significant price movement dated December 17, 2025
  • Dolphin Offshore Enterprises (BSE: 522261) addressed surveillance concerns via NSE email ref. NSE/CM/Surveillance/16186 dated December 17, 2025
  • India Cements (BSE: 530005) clarified spurt in trading volume across exchanges
  • All three companies confirmed full compliance with disclosure requirements under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Companies stated no hidden or undisclosed material information exists
  • Price and volume fluctuations attributed to market-driven behavior

Regulatory Changes

No regulatory changes announced. This is a routine surveillance and disclosure matter.

Compliance Requirements

  • Companies responded to stock exchange surveillance queries as required
  • Confirmed ongoing compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • All material events and price-sensitive information have been disclosed within stipulated timelines
  • Companies maintain they have no additional information requiring disclosure at this time

Important Dates

  • December 17, 2025: BSE and NSE issued surveillance queries to companies
  • December 18, 2025: Companies submitted clarification responses

Impact Assessment

Market Impact: Low - These are standard regulatory clarifications with no new material information. The companies’ confirmations that movements are market-driven and that all disclosures are current should not materially affect trading.

Investor Impact: Neutral - Investors are informed that recent price/volume movements are not due to undisclosed corporate developments. The companies’ statements provide transparency but no actionable new information.

Compliance Impact: Routine - Companies demonstrated adherence to surveillance cooperation requirements and reiterated their compliance with continuous disclosure obligations under SEBI regulations.

Impact Justification

Routine surveillance clarifications with no new material information disclosed. Companies attribute price movements to market behavior with full compliance maintained.