Description

BSE surveillance clarifications from Jindal Poly Films Limited and AXISCADES Technologies Limited regarding significant volume movements in their securities.

Summary

BSE sought clarifications from Jindal Poly Films Limited (Scrip Code: 500227) and AXISCADES Technologies Limited (Scrip Code: 532395) regarding significant volume movements in their securities. Both companies confirmed they have made all required disclosures under Regulation 30 of SEBI LODR Regulations 2015 and attribute the volume movements to market-driven factors. No undisclosed price sensitive information exists.

Key Points

  • Jindal Poly Films Limited responded to BSE Surveillance query (Ref: L/SURV/ONL/PV/APJ/2025-2026/879) regarding price movement
  • AXISCADES Technologies Limited responded to BSE query (Ref: L/SURV/ONL/PV/APJ/2025-2026/878) regarding volume increase
  • Both companies confirmed compliance with Regulation 30 of SEBI LODR Regulations 2015
  • Companies stated all material events have been disclosed promptly
  • Volume and price movements attributed to market-driven factors
  • Both companies committed to notify exchanges of any future price sensitive information

Regulatory Changes

No regulatory changes announced. This is a routine surveillance query and response.

Compliance Requirements

  • Companies must disclose all events required under Regulation 30 of SEBI LODR Regulations 2015
  • Unpublished price sensitive information (UPSI) must be disclosed promptly upon crystallization
  • Companies must comply with SEBI (Prohibition of Insider Trading) Regulations 2015
  • Timely disclosures required for all material events affecting operations or performance

Important Dates

  • January 23, 2026: Date of BSE surveillance queries
  • January 23, 2026: Date of company responses

Impact Assessment

Market Impact: Low - Both companies confirmed no undisclosed material information exists, suggesting recent trading activity is speculative or sentiment-driven rather than based on fundamental developments.

Investor Impact: Low - Clarifications provide transparency that no hidden events are driving price/volume movements. Investors can rely on existing public disclosures.

Operational Impact: None - This is a routine surveillance matter with no operational implications for the companies.

Compliance Status: Both companies demonstrated compliance with disclosure obligations under SEBI regulations.

Impact Justification

Routine surveillance clarifications confirming no undisclosed material events; companies attribute volume movements to market forces