Description
BSE circular containing clarifications from Bonlon Industries Limited, Coromandel International Limited, and Hind Aluminium Industries Limited regarding price and volume movements in their securities.
Summary
BSE published clarifications from three listed companies - Bonlon Industries Limited, Coromandel International Limited, and Hind Aluminium Industries Limited - in response to surveillance queries regarding unusual price or volume movements in their securities. All three companies confirmed they have been compliant with SEBI (LODR) Regulations, 2015, specifically Regulation 30 disclosure requirements, and stated that no material information has been withheld. The companies attributed the observed price/volume movements to general market conditions.
Key Points
- Bonlon Industries Limited (Scrip Code: 543211, ISIN: INE0B9A01018) responded to BSE query ref L/SURV/ONL/PV/AJ/2025-2026/3248 dated December 30, 2025
- Coromandel International Limited (Scrip Code: 506395) responded to BSE query ref L/SURV/ONL/PV/APJ/2025-2026/822 dated December 31, 2025 regarding volume movement
- Hind Aluminium Industries Limited (Scrip Code: 531979) responded to BSE query ref L/SURV/ONL/PV/AJ/2025-2026/3249 dated December 30, 2025
- All companies confirmed timely disclosure of all events and information under Regulation 30 of SEBI (LODR) Regulations, 2015
- No material information or announcements are pending that could impact share price or volume
- Companies are not aware of any specific events or developments causing the movements
- Price and volume movements attributed to prevailing market conditions
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Companies confirmed ongoing compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- All companies stated they will continue to promptly intimate the exchange of any material events or information as and when required
- Regular disclosure of all relevant information and details to the stock exchange being maintained
Important Dates
- December 30, 2025: BSE surveillance queries sent to Bonlon Industries and Hind Aluminium Industries
- December 31, 2025: BSE surveillance query sent to Coromandel International
- December 30-31, 2025: Companies submitted clarifications
Impact Assessment
Market Impact: Low - These are routine surveillance clarifications with no new material information disclosed. The companies confirmed no undisclosed developments.
Investor Impact: Low - Provides reassurance that companies are compliant with disclosure norms and that recent price/volume movements are market-driven rather than based on undisclosed material information.
Operational Impact: None - No operational changes or requirements for the companies beyond existing compliance obligations.
Compliance Impact: Routine - Companies demonstrated adherence to existing SEBI (LODR) disclosure requirements under Regulation 30.
Impact Justification
Routine clarifications from companies in response to BSE surveillance queries about price/volume movements. Companies confirmed compliance with disclosure requirements and attributed movements to market conditions. No material undisclosed information.