Description

BSE surveillance sought clarifications from KEC International Limited and NDA Securities Limited regarding unusual price and volume movements in their securities.

Summary

BSE Surveillance requested clarifications from two companies regarding unusual trading activity in their securities. KEC International Limited responded to a query about increased trading volume, while NDA Securities Limited addressed a price movement inquiry. Both companies confirmed no unpublished price sensitive information pending disclosure.

Key Points

  • KEC International Limited (Scrip Code: 532714) clarified increased volume with BSE Surveillance
  • NDA Securities Limited addressed significant price movement inquiry
  • Both companies confirmed compliance with Regulation 30 of SEBI LODR 2015
  • No unpublished price sensitive information (UPSI) pending from either company
  • NDA Securities attributed possible price movement to recently published EGM notice dated December 17, 2025

Company Responses

KEC International Limited:

  • Confirmed no pending announcements or price sensitive information
  • Stated compliance with timely disclosure requirements under Regulation 30
  • Pledged continued prompt disclosure of all material events

NDA Securities Limited:

  • Referenced published EGM Notice dated December 17, 2025 as possible reason for price movement
  • EGM agenda includes: (1) Increase in Authorized Share Capital from ₹15 Crore to ₹100 Crore, and (2) Alteration of Object Clause in Memorandum of Association
  • Confirmed no other unpublished price sensitive information pending

Regulatory Compliance

  • Both companies affirmed compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Routine surveillance mechanism for monitoring unusual market activity
  • Companies required to clarify if pending material information exists

Impact Assessment

Routine surveillance exercise with minimal market impact. Both companies confirmed no material undisclosed information, providing transparency to market participants. NDA Securities’ reference to its EGM notice provides context for recent price activity, though this information was already publicly available.

Impact Justification

Routine surveillance clarifications with no material unpublished information disclosed by either company