Description

BSE circular containing price movement clarifications from Mukat Pipes Limited and Antelopus Selan Energy Limited in response to stock exchange queries.

Summary

BSE published clarifications from two listed companies - Mukat Pipes Limited (Stock Code: 523832) and Antelopus Selan Energy Limited (formerly Selan Exploration Technology Limited) - in response to exchange queries regarding significant price movements in their securities. Both companies confirmed compliance with SEBI (LODR) Regulations 2015 and stated there is no undisclosed price-sensitive information or pending corporate actions. The companies attributed the price movements to market-driven forces beyond their control.

Key Points

  • Mukat Pipes Limited responded on January 20, 2026 to BSE’s clarification request regarding significant share price movement
  • Antelopus Selan Energy Limited responded to BSE’s email dated January 19, 2026 (Ref. No. L/SURV/ONL/PV/AJ/2025-2026/3295)
  • Both companies confirmed full compliance with SEBI (LODR) Regulations 2015
  • No undisclosed price-sensitive information exists at either company
  • No impending announcements or corporate actions requiring disclosure
  • Companies continue to promptly inform exchanges of all material events as required
  • Price movements attributed to market conditions and market-driven factors

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies reaffirmed their ongoing commitment to comply with SEBI (LODR) Regulations 2015
  • Continued prompt disclosure of all material events, information, and actions to stock exchanges
  • Timely submission of price-sensitive information under Regulation 30 of SEBI (LODR) Regulations 2015

Important Dates

  • January 19, 2026: BSE sent clarification request to Antelopus Selan Energy Limited
  • January 20, 2026: Mukat Pipes Limited submitted clarification response
  • January 20, 2026: Antelopus Selan Energy Limited submitted clarification response

Impact Assessment

Market Impact: Minimal to none. These are standard surveillance clarifications that confirm no material undisclosed information exists. The circular provides transparency that recent price movements in both stocks are market-driven rather than based on corporate developments.

Investor Impact: Neutral. Investors are informed that no corporate actions or material events are pending that would warrant the observed price movements. This helps prevent speculation about undisclosed developments.

Operational Impact: None. Both companies are operating normally with no changes to their disclosure practices or corporate governance processes.

Company Details:

  • Mukat Pipes Limited: Stock Code 523832, Chairman & Whole-Time Director Roopinder Singh (DIN: 01239483), registered at Patiala Road, Rajpura – 140 401, Punjab
  • Antelopus Selan Energy Limited: CIN L74899HR1985PLC113196, registered at 8th Floor, Imperia Mindspace, Golf Course Extension Road, Sector 62, Gurgaon, Haryana-122102

Impact Justification

Routine clarifications confirming no undisclosed price-sensitive information; companies attribute price movements to market conditions with no material corporate actions pending.