Description

Three companies (ITI Limited, AdCounty Media India Limited, and Chemplast Sanmar Limited) submitted clarifications to BSE regarding significant price/volume movements in their securities, confirming no undisclosed price-sensitive information.

Summary

BSE received clarifications from three listed companies in response to surveillance queries regarding significant price/volume movements in their securities. ITI Limited (Scrip Code: 523610), AdCounty Media India Limited (Scrip Code: 544435), and Chemplast Sanmar Limited (Scrip Code: 543336) each confirmed that they have no undisclosed events or price-sensitive information pending disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All three companies attributed the observed price/volume movements to market-driven factors.

Key Points

  • ITI Limited confirmed no pending matters/events requiring disclosure that may impact price/volume behavior in their scrip
  • AdCounty Media India Limited stated all necessary disclosures have been made under Regulation 30 of SEBI LODR, with no pending price-sensitive information
  • Chemplast Sanmar Limited indicated no undisclosed events/information beyond public domain that has bearing on operations or performance
  • All three companies emphasized compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies attributed share price/volume movements to market conditions and normal trading dynamics
  • Responses were provided to BSE Surveillance Department following exchange queries on significant price movements

Regulatory Changes

No regulatory changes announced. This circular documents routine compliance responses under existing SEBI LODR Regulation 30 requirements.

Compliance Requirements

  • Listed companies must respond promptly to stock exchange surveillance queries regarding unusual price/volume movements
  • Companies must confirm whether any undisclosed price-sensitive information exists that could explain market movements
  • Ongoing obligation to disclose all material events under Regulation 30 of SEBI LODR in a timely manner
  • Company secretaries must certify compliance status when responding to surveillance inquiries

Important Dates

  • January 14, 2026: Date of clarifications submitted by ITI Limited and Chemplast Sanmar Limited
  • January 13, 2026: BSE surveillance query issued to AdCounty Media India Limited
  • January 14, 2026: AdCounty Media India Limited response submitted

Impact Assessment

Market Impact: Minimal. These are routine surveillance clarifications with no new material information disclosed. The confirmations provide transparency that no undisclosed corporate developments are driving the observed price movements.

Operational Impact: None. Companies are operating normally with no pending announcements.

Investor Impact: Provides assurance to investors that price movements are market-driven rather than based on undisclosed corporate events. Confirms companies are compliant with disclosure obligations.

Compliance Impact: Demonstrates active surveillance by BSE and responsive compliance by listed entities with exchange queries.

Impact Justification

Routine surveillance clarifications with no new material information disclosed; companies confirmed compliance with existing disclosure requirements and attributed price movements to market conditions