Description

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

Summary

BSE published clarifications from two companies - Shanti Educational Initiatives Limited (Scrip Code: 539921) and Sofcom Systems Limited (Scrip Code: 538923) - in response to exchange queries about significant price and volume movements in their securities. Both companies confirmed compliance with SEBI LODR Regulations 2015, stated no pending material announcements, and attributed the movements to market forces.

Key Points

  • Shanti Educational Initiatives Limited responded to BSE query dated 30.12.2025 regarding significant volume increase
  • Sofcom Systems Limited responded to BSE query dated 29.12.2025 regarding 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 attributed the price/volume movements as purely market driven
  • Companies confirmed compliance with all applicable SEBI regulations

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

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

Important Dates

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

Impact Assessment

Minimal market impact. These are routine surveillance clarifications where companies have confirmed no undisclosed material information. The price and volume movements are attributed to normal market activity. No regulatory action or material corporate developments disclosed. Investors should note that both companies have no pending announcements at this time.

Impact Justification

Routine clarifications from companies regarding market-driven price/volume movements with no material events or pending disclosures.