Description

Companies ITI Limited, AdCounty Media India Limited, and Chemplast Sanmar Limited provide clarifications to BSE on significant price and volume movements in their securities, confirming no undisclosed price-sensitive information.

Summary

BSE Surveillance Department sought clarifications from ITI Limited (Scrip Code: 523610), AdCounty Media India Limited (Scrip Code: 544435), and Chemplast Sanmar Limited (Scrip Code: 543336) regarding significant movements in price and/or volume of their securities. All three companies confirmed compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulation 30, and stated that no pending price-sensitive information remains undisclosed to the stock exchanges.

Key Points

  • ITI Limited responded to BSE letter L/SURV/ONL/PV/APJ/2025-2026/865 dated January 14, 2026
  • AdCounty Media India Limited responded to BSE letter L/SURV/ONL/PV/AJ/2025-2026/3286 dated January 13, 2026
  • Chemplast Sanmar Limited responded to BSE letter L/SURV/ONL/PV/APJ/2025-26/864 dated January 14, 2026
  • All companies confirmed no undisclosed material events or price-sensitive information pending disclosure
  • Companies attributed price/volume movements to market-driven factors
  • All companies reaffirmed compliance with SEBI Listing Regulations

Regulatory Changes

No regulatory changes introduced. This circular documents routine surveillance activities and company responses.

Compliance Requirements

  • Companies must respond promptly to surveillance queries from stock exchanges
  • Continuous disclosure obligation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies must disclose all material events and price-sensitive information that may affect trading behavior
  • Maintenance of records for surveillance purposes

Important Dates

  • January 13, 2026: BSE issued surveillance query to AdCounty Media India Limited
  • January 14, 2026: BSE issued surveillance queries to ITI Limited and Chemplast Sanmar Limited
  • January 14, 2026: All three companies submitted their clarifications

Impact Assessment

Market Impact: Minimal. These are standard surveillance clarifications confirming that price/volume movements are market-driven with no undisclosed material information.

Investor Impact: Provides assurance to investors that companies are compliant with disclosure norms and there is no undisclosed price-sensitive information.

Operational Impact: None. Routine compliance activity with no operational changes required.

Companies Affected: ITI Limited, AdCounty Media India Limited, and Chemplast Sanmar Limited - all confirmed regulatory compliance and transparent disclosure practices.

Impact Justification

Routine surveillance clarifications confirming compliance with disclosure requirements and no undisclosed material information