Description

Three companies provide clarifications to BSE regarding price and volume movements in their securities, stating movements are market driven with no undisclosed price sensitive information.

Summary

BSE received clarifications from three companies - Genus Prime Infra Limited (formerly Gulshan Chemfill Limited), Indo Count Industries Limited, and RNIT AI Solutions Limited - in response to surveillance queries regarding significant price and volume movements in their securities. All three companies confirmed they have no pending price sensitive information and attributed the movements to market forces.

Key Points

  • Genus Prime Infra Limited (Scrip Code: 532425) responded on February 5, 2026 to surveillance query ref. L/SURV/ONL/PV/SG/2025-2026/901
  • Indo Count Industries Limited (Scrip Code: 521016) responded to NSE query ref. NSE/CM/Surveillance/16429 (Feb 4) and BSE query ref. L/SURV/ONL/PV/SG/2025-2026/903 (Feb 5)
  • RNIT AI Solutions Limited (Scrip Code: 517286) responded on February 4, 2026 to BSE surveillance query
  • All companies confirmed no impending announcements or unpublished price sensitive information
  • All companies stated compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
  • Price/volume movements attributed to market forces

Regulatory Changes

No regulatory changes announced. This circular documents routine surveillance compliance responses.

Compliance Requirements

  • Companies must respond promptly to stock exchange surveillance queries regarding unusual price/volume movements
  • Companies must disclose whether any price sensitive information is pending or due for disclosure
  • Continued adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 required
  • Companies must maintain materiality policies and disclosure guidelines approved by Board of Directors

Important Dates

  • February 4, 2026: RNIT AI Solutions and NSE query to Indo Count issued
  • February 5, 2026: Genus Prime Infra and BSE query to Indo Count issued; all responses submitted

Impact Assessment

Market Impact: Minimal. These are routine clarifications confirming no undisclosed material information exists. The surveillance mechanism demonstrates exchange oversight is functioning to ensure fair market practices.

Investor Impact: Provides assurance to investors that unusual trading activity has been reviewed and no hidden information exists that would affect investment decisions.

Compliance Impact: Reinforces the importance of timely disclosure obligations and demonstrates companies’ adherence to regulatory requirements under SEBI LODR.

Impact Justification

Routine surveillance clarifications with no new material information disclosed; companies confirmed compliance with existing disclosure requirements