Description

Three companies provide clarifications to BSE regarding significant price and volume movements in their shares, confirming compliance with disclosure regulations and stating movements are market-driven.

Summary

BSE sought clarifications from three companies - Pace Digitek Limited (Scrip Code: 544550), Sahara Maritime Limited (Scrip Code: 544056), and Welspun Living Limited - regarding significant price and volume movements in their shares. All three companies confirmed they are in full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulation 30. The companies stated there is no undisclosed price-sensitive information or impending announcements that could affect share prices, and the movements appear to be purely market-driven.

Key Points

  • Pace Digitek Limited responded to BSE’s query about significant volume increase across exchanges
  • Sahara Maritime Limited clarified price movement concerns raised by BSE on February 3, 2026
  • All companies confirmed full compliance with SEBI (LODR) Regulations, 2015, particularly Regulation 30
  • Companies stated no undisclosed price-sensitive information exists
  • No impending announcements requiring disclosure under listing regulations
  • Price and volume movements characterized as purely market-driven and beyond company control
  • Companies committed to continue making timely disclosures as required

Regulatory Changes

No regulatory changes announced. This circular documents routine market surveillance activities.

Compliance Requirements

  • Companies confirmed ongoing compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
  • Companies committed to continue prompt disclosure of all material events and price-sensitive information
  • All disclosures to be made as and when required under listing regulations

Important Dates

  • February 3, 2026: BSE sent clarification request to Sahara Maritime Limited (Reference: L/SURV/ONL/PV/AJ/2025-2026/3320)
  • February 4, 2026: BSE sent clarification request to Pace Digitek Limited (Reference: L/SURV/ONL/PV/APJ/2025-2026/900)
  • February 4, 2026: Companies submitted their clarification responses

Impact Assessment

Market Impact: Minimal. These are standard clarifications provided during unusual price/volume activity. The companies’ confirmations that movements are market-driven without underlying corporate developments should provide transparency to investors.

Investor Impact: Low. Clarifies that recent trading activity is not based on undisclosed material information, providing assurance about market integrity.

Operational Impact: None. Companies continue normal operations with no changes to disclosure obligations.

Compliance Impact: Demonstrates functioning of market surveillance mechanisms and companies’ responsiveness to exchange queries.

Impact Justification

Routine clarifications confirming no undisclosed price-sensitive information exists. Companies state price/volume movements are market-driven with no company-specific developments requiring disclosure.