Description

BSE circular containing clarifications from Shanti Educational Initiatives Limited and Sofcom Systems Limited regarding volume and price movements in their securities.

Summary

BSE received clarifications from two companies - Shanti Educational Initiatives Limited (Scrip Code: 539921) and Sofcom Systems Limited (Scrip Code: 538923) - regarding unusual volume and price movements in their securities on December 30, 2025. Both companies confirmed compliance with SEBI (LODR) Regulations, 2015, stated no pending material disclosures, and attributed the movements to market-driven factors.

Key Points

  • Shanti Educational Initiatives Limited responded to BSE query (Ref: L/SURV/ONL/PV/APJ/2025-2026/815) about significant volume increase
  • Sofcom Systems Limited responded to BSE query dated December 29, 2025 about significant price movement
  • Both companies confirmed timely disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015
  • No pending announcements, disclosures, events or material information to be reported by either company
  • Both companies attribute the trading activity to market-driven forces
  • Companies committed to inform exchanges of any future material events per SEBI regulations

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must respond to exchange queries regarding unusual trading activity
  • Companies must confirm compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
  • Companies must disclose if any material events or information are pending
  • Future material events must be disclosed to exchanges in accordance with applicable SEBI regulations

Important Dates

  • December 30, 2025: Date of clarification from Shanti Educational Initiatives Limited
  • December 29, 2025: Date of BSE query to Sofcom Systems Limited
  • December 30, 2025: Date of clarification from Sofcom Systems Limited

Impact Assessment

This circular has minimal market impact as it contains routine clarifications confirming no undisclosed material information. The companies’ responses indicate that recent trading activity in their securities is market-driven rather than based on corporate developments. Investors and market participants are assured that both companies are compliant with disclosure requirements and have no pending material announcements.

Impact Justification

Routine clarifications from companies confirming no pending material information and attributing stock movements to market forces. No regulatory changes or compliance actions required.