Description

Companies provide clarifications to BSE regarding significant increase in trading volume and price movements in their securities, stating that movements are market-driven.

Summary

BSE received clarifications from three companies - Yasho Industries Limited, Aarti Pharmalabs Limited, and AI Champdany Industries Limited - in response to surveillance queries regarding significant increases in trading volume of their securities. All companies confirmed that they have made all necessary disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and that there is no undisclosed material information that could affect price or volume behavior. The companies stated that the observed movements are purely market-driven.

Key Points

  • Yasho Industries Limited (Scrip Code: 541167) responded to BSE surveillance query dated January 12, 2026 (Ref No. L/SURV/ONL/PV/APJ/2025-2026/862)
  • Aarti Pharmalabs Limited (Scrip Code: 543748) responded to BSE surveillance query dated January 12, 2026 (Ref No. L/SURV/ONL/PV/APJ/2025-2026/859)
  • All companies confirmed compliance with Regulation 30 disclosure requirements
  • Companies denied any management involvement in price/volume increases
  • No pending announcements or undisclosed material information that could impact securities
  • Price and volume movements attributed entirely to market conditions

Regulatory Changes

No regulatory changes introduced. This circular documents companies’ responses to routine surveillance queries under existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Requirements

  • Companies must respond promptly to stock exchange surveillance queries regarding unusual price or volume movements
  • Ongoing obligation to disclose all material information under Regulation 30 of SEBI LODR Regulations, 2015
  • Companies must clarify whether any undisclosed information exists that could affect security prices

Important Dates

  • January 12, 2026: Date of BSE surveillance queries and company responses

Impact Assessment

Minimal market impact. This is a routine surveillance matter where companies have confirmed compliance with disclosure norms. The clarifications indicate that recent volume increases in these securities were not driven by any undisclosed corporate developments or management actions, but rather by normal market dynamics. No trading restrictions, penalties, or compliance actions have been imposed. Investors can continue trading these securities normally with the understanding that all material information has been properly disclosed to the exchanges.

Impact Justification

Routine surveillance clarifications where companies confirm no undisclosed material information; movements attributed to market conditions with no regulatory action or compliance changes