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 has published clarifications received from three companies - Bonlon Industries Limited (Scrip Code: 543211), Coromandel International Limited (Scrip Code: 506395), and Hind Aluminium Industries Limited (Scrip Code: 531979) - in response to exchange queries regarding unusual price and volume movements in their securities. All three companies confirmed that they have been regularly disclosing all material information under SEBI (LODR) Regulations, 2015, and attributed the observed movements to normal market conditions.

Key Points

  • Bonlon Industries Limited responded to BSE query L/SURV/ONL/PV/AJ/2025-2026/3248 on December 30, 2025, regarding price movement
  • Coromandel International Limited responded to BSE query L/SURV/ONL/PV/APJ/2025-2026/822 on December 31, 2025, regarding volume movement
  • Hind Aluminium Industries Limited responded to BSE query L/SURV/ONL/PV/AJ/2025-2026/3249 on December 30, 2025, regarding price movement
  • 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 from any of the companies
  • Companies are not aware of any specific events or developments causing the movements
  • All movements attributed to market-driven 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 three companies stated they will continue to promptly intimate the exchange of any material events or information as required
  • Regular disclosure obligations under Regulation 30 being met by all companies

Important Dates

  • December 30, 2025: Bonlon Industries Limited submitted clarification
  • December 31, 2025: Coromandel International Limited submitted clarification
  • December 30, 2025: Hind Aluminium Industries Limited submitted clarification

Impact Assessment

This circular has minimal market impact as it represents routine surveillance activity by BSE. The clarifications confirm that the observed price and volume movements are market-driven with no undisclosed material information. Investors can be assured that all three companies are in compliance with disclosure requirements and there are no pending announcements that could materially affect share prices. The surveillance mechanism demonstrates BSE’s active monitoring of unusual trading patterns to ensure market integrity.

Impact Justification

Routine surveillance clarifications from companies confirming compliance with disclosure norms and attributing price/volume movements to market conditions with no undisclosed material information