Description
BSE received clarifications from Atul Auto Limited and Ceeta Industries Limited regarding significant price and volume movements in their securities, confirming no undisclosed material information.
Summary
BSE’s Surveillance Department sought clarifications from two companies - Atul Auto Limited and Ceeta Industries Limited - regarding unusual price and volume movements in their securities. Both companies confirmed they have been compliant with SEBI LODR Regulation 30 disclosure requirements and have no undisclosed material information. The companies attributed the price/volume fluctuations to market conditions beyond their control.
Key Points
- Atul Auto Limited (BSE Script: 531795) responded to BSE query ref L/SURV/ONL/PV/APJ/2025-2026/897 regarding increase in trading volume
- Ceeta Industries Limited (CIN: L15100KA1984PLC021494) responded to BSE query ref L/SURV/ONL/PV/AJ/2025-2026/3316 regarding significant price movement
- Both companies confirmed all material events and price-sensitive information have been disclosed per Regulation 30 of SEBI LODR 2015
- No pending information or announcements that may affect share price behavior
- Price and volume movements attributed to market-driven conditions
- Both companies reaffirmed commitment to timely disclosure of material events
Regulatory Changes
No regulatory changes. This circular documents compliance with existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 regarding disclosure of material events.
Compliance Requirements
- Companies must respond promptly to stock exchange surveillance queries regarding unusual price/volume movements
- Continuous compliance with Regulation 30 of SEBI LODR 2015 for disclosure of material events and price-sensitive information
- Companies must clarify whether any undisclosed information exists that could impact share price behavior
Important Dates
- February 02, 2026: BSE issued query to Ceeta Industries Limited
- February 03, 2026: Both companies submitted clarifications to BSE
Impact Assessment
Minimal market impact. This is a routine surveillance exercise where exchanges seek clarifications on unusual trading activity. Both companies confirmed compliance with disclosure norms and attributed movements to normal market forces. No new material information disclosed. Such clarifications are standard practice and typically do not affect trading or require any action from market participants.
Impact Justification
Routine surveillance clarifications confirming no undisclosed material information and attributing movements to market conditions