Description

Two companies provide clarifications to BSE regarding significant price movements in their shares, confirming no undisclosed price-sensitive information and attributing movements to market forces.

Summary

BSE sought clarifications from Mukat Pipes Limited (Stock Code: 523832) and Antelopus Selan Energy Limited (Formerly Selan Exploration Technology Limited) regarding significant price movements in their securities. Both companies confirmed they are in compliance with SEBI (LODR) Regulations, 2015, have no undisclosed price-sensitive information or pending announcements, and attribute 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 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 compliance with SEBI (LODR) Regulations, 2015
  • No undisclosed price-sensitive information or impending corporate actions to report
  • Price movements characterized as purely market-driven
  • Both companies confirmed they promptly inform exchanges of material events as required

Regulatory Changes

No regulatory changes announced. This is a routine surveillance response under existing SEBI (LODR) Regulations, 2015.

Compliance Requirements

  • Companies must respond to exchange queries regarding unusual price movements
  • Ongoing obligation to promptly disclose material events and price-sensitive information under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Companies must maintain compliance with disclosure requirements

Important Dates

  • January 19, 2026: BSE sent clarification request to Antelopus Selan Energy Limited
  • January 20, 2026: BSE sent clarification request to Mukat Pipes Limited
  • January 20, 2026: Both companies submitted their responses

Impact Assessment

Market Impact: Minimal. These are routine clarifications confirming no material undisclosed information exists. The responses provide transparency that price movements are market-driven rather than due to corporate developments.

Investor Impact: Low. Investors are assured there are no hidden corporate actions or material events affecting these companies. Normal market forces are responsible for recent price behavior.

Operational Impact: None. This is standard exchange surveillance activity ensuring market integrity and proper disclosure compliance.

Impact Justification

Routine clarifications confirming no undisclosed material events; movements attributed to normal market conditions with no corporate action or price-sensitive information pending