Description
BSE seeks clarifications from Lotus Chocolate Company Ltd and Bharat Rasayan Ltd regarding significant price/volume movements observed in their scrips.
Summary
BSE has observed significant price and volume movements in the scrips of Lotus Chocolate Company Ltd and Bharat Rasayan Ltd. The Exchange has written to both companies requesting clarifications to ensure trading members and investors have access to latest relevant information. Replies from the companies are awaited.
Key Points
- Significant price/volume movement observed in two companies’ scrips
- Exchange has initiated surveillance action by writing to the companies
- Action taken to ensure trading members and investors have latest relevant information
- Companies identified: Lotus Chocolate Company Ltd (Security Code: 523475) and Bharat Rasayan Ltd (Security Code: 590021)
- Replies from companies are awaited
Regulatory Changes
No regulatory changes announced. This is a routine surveillance measure.
Compliance Requirements
- Lotus Chocolate Company Ltd and Bharat Rasayan Ltd are required to provide clarifications to BSE regarding the price/volume movements
- Companies must respond to Exchange’s inquiry with relevant information
Important Dates
- Notice Date: January 28, 2026
- Reply deadline: Not specified in circular
Impact Assessment
This circular represents standard exchange surveillance activity to ensure market integrity. The impact is limited to the two specific companies mentioned. Trading members and investors in these scrips should await clarifications from the companies before making investment decisions. The surveillance action indicates unusual trading patterns that warrant explanation, which could affect investor confidence until clarifications are provided.
Impact Justification
Exchange surveillance action seeking clarifications on unusual trading activity; impacts specific companies and their investors pending response