Description
Three companies provide clarifications to BSE regarding price/volume movements in their shares, confirming no undisclosed price-sensitive information and compliance with SEBI regulations.
Summary
BSE received clarifications from three companies - Bhatia Colour Chem Limited, Billionbrains Garage Ventures Limited, and Ceigall India Limited - regarding unusual price or volume movements in their shares. All companies confirmed compliance with SEBI Listing Regulations and stated that no price-sensitive information requiring disclosure under Regulation 30 exists. The movements are attributed to market forces beyond company control.
Key Points
- Bhatia Colour Chem Limited (Scrip Code: 543497) responded to price fluctuation inquiry dated December 19, 2025
- Billionbrains Garage Ventures Limited (Scrip Code: 544603) addressed volume increase inquiry dated December 22, 2025
- Ceigall India Limited (BSE Symbol: 544223) clarified volume movement, noting similar inquiry from NSE on December 19, 2025
- All companies confirmed no undisclosed price-sensitive information exists
- All regular filings are up to date and will continue as required
- Price/volume movements characterized as purely market-driven
- Ceigall mentioned L1 declaration by Madhya Pradesh Urja Vikas Nigam Limited available on e-procurement portal (public domain)
Regulatory Changes
No regulatory changes announced. This circular documents companies’ responses to exchange surveillance inquiries.
Compliance Requirements
- Companies confirmed ongoing compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- All required disclosures made timely and will continue as obligations arise
- No additional compliance actions required
Important Dates
- December 19, 2025: BSE inquiry to Bhatia Colour Chem Limited
- December 20, 2025: Bhatia Colour Chem response submitted
- December 19, 2025: NSE inquiry to Ceigall India Limited
- December 20, 2025: Ceigall response to NSE
- December 22, 2025: BSE inquiries to Billionbrains Garage Ventures and Ceigall India Limited
- December 22, 2025: Responses submitted by both companies
Impact Assessment
Market Impact: Minimal. The clarifications confirm no corporate developments driving the price/volume movements, suggesting normal market volatility.
Investor Impact: Low. Investors can take comfort that companies are in compliance and no material information is being withheld. Market movements appear speculative rather than fundamentally driven.
Operational Impact: None. Companies continue normal operations with no changes to business activities or financial condition requiring disclosure.
Regulatory Impact: Standard surveillance mechanism functioning as intended. Exchange monitoring ensures market integrity by seeking explanations for unusual trading patterns.
Impact Justification
Routine clarifications confirming no undisclosed information; movements appear market-driven with no material corporate developments