Description
Three companies (ABB India Ltd, Alphalogic Techsys Ltd, and Grameva Ltd) provide clarifications to BSE regarding significant movements in their share prices and trading volumes, confirming no undisclosed price-sensitive information.
Summary
BSE published clarifications received from three listed companies - ABB India Limited, Alphalogic Techsys Limited, and Grameva Limited - in response to BSE’s surveillance queries regarding significant movements in their share prices and trading volumes. All three companies confirmed full compliance with SEBI (LODR) Regulations, 2015, particularly Regulation 30, and stated that no undisclosed price-sensitive information exists. The companies attributed the price and volume movements to market-driven factors.
Key Points
- ABB India Ltd clarified significant volume increase across exchanges, confirming all necessary disclosures made in timely manner
- Alphalogic Techsys Ltd responded to price movement query, stating no pending price-sensitive announcements
- Grameva Ltd confirmed compliance with disclosure requirements and absence of undisclosed events
- All three companies emphasized adherence to Regulation 30 of SEBI (LODR) Regulations, 2015
- Companies confirmed they have not withheld any material information affecting price/volume behavior
- Movement in securities attributed to market forces rather than company-specific undisclosed information
- Companies committed to continue timely disclosure of price-sensitive information as required
Regulatory Changes
No regulatory changes announced. This circular documents company responses to routine surveillance queries under existing SEBI (LODR) Regulations, 2015.
Compliance Requirements
- Companies confirmed ongoing compliance with Regulation 30 of SEBI (LODR) Regulations, 2015 regarding disclosure of material events
- Companies must continue to inform stock exchanges about price-sensitive information promptly
- Disclosure obligations require timely and accurate reporting of material information that could impact share price or volume
Important Dates
- January 30, 2026: Date of clarifications submitted by all three companies
- January 29, 2026: Date of BSE surveillance query to Grameva Ltd (Reference: L/SURV/ONL/PV/AJ/2025-2026/3307)
- January 30, 2026: Date of BSE surveillance query to ABB India Ltd
Impact Assessment
Market Impact: Minimal. These are routine clarifications confirming absence of undisclosed information, which should provide comfort to investors that the price movements are market-driven and not based on withheld material information.
Investor Impact: Neutral to slightly positive. The clarifications confirm companies are in compliance with disclosure requirements and transparent about their operations.
Operational Impact: None. This is a disclosure exercise with no operational changes or requirements for the companies or market participants.
Surveillance Context: The queries indicate BSE’s active monitoring of unusual price/volume movements, demonstrating ongoing market surveillance to ensure fair trading practices.
Impact Justification
Routine clarifications confirming compliance with disclosure norms and absence of undisclosed price-sensitive information; movements attributed to market forces