Description

Companies respond to BSE surveillance queries regarding significant increase in trading volume, clarifying that movements are market driven with no pending price-sensitive information.

Summary

BSE received clarifications from three companies - Signatureglobal (India) Limited, Alkyl Amines Chemicals Limited, and GNA Axles Limited - in response to surveillance queries regarding significant increases in trading volume. All companies confirmed that the volume increases are market driven and that they have no pending price-sensitive information to disclose.

Key Points

  • Signatureglobal (India) Limited (Scrip Code: 543990) clarified that volume increase is purely market driven
  • Alkyl Amines Chemicals Limited (Scrip Code: 506767) confirmed significant volume increase across exchanges is market driven
  • GNA Axles Limited (Scrip Code: 540124) responded to queries about price movement
  • All companies confirmed compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
  • No undisclosed price-sensitive information or pending announcements from any company
  • Companies not aware of any specific information leading to volume/price movements

Regulatory Changes

No regulatory changes. This is a routine surveillance compliance disclosure.

Compliance Requirements

  • Companies must respond to stock exchange surveillance queries regarding unusual price/volume movements
  • Companies must confirm whether all material disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015 have been made
  • Companies must declare if any price-sensitive information is pending disclosure

Important Dates

  • January 9, 2026: Date of clarifications submitted to BSE
  • Surveillance queries received on January 8-9, 2026

Impact Assessment

Market Impact: Low - These are routine clarifications confirming no undisclosed material information

Operational Impact: Minimal - Standard surveillance compliance process

Investor Impact: Provides assurance that volume increases are market driven without underlying undisclosed corporate developments

Compliance Impact: Demonstrates companies’ adherence to disclosure obligations under SEBI (LODR) Regulations

Impact Justification

Routine surveillance clarifications from companies confirming no undisclosed price-sensitive information and market-driven volume increases