Description

BSE circular containing clarification responses from Faze Three Ltd, Indo Count Industries Ltd, and Kabsons Industries Ltd regarding price movement queries.

Summary

BSE issued a circular containing clarification responses from three companies - Faze Three Limited (Scrip Code: 530079), Indo Count Industries Limited (Scrip Code: 521016), and Kabsons Industries Limited (Scrip Code: 524675) - regarding unusual price movements in their securities. All three companies confirmed that they have no pending material information to disclose and that they are compliant with Regulation 30 of SEBI LODR 2015. The companies attributed price movements to market conditions.

Key Points

  • Faze Three Limited clarified on February 6, 2026 that all material information has been disclosed promptly and no events requiring disclosure are pending
  • Indo Count Industries Limited responded on February 5, 2026 stating no impending unpublished price sensitive information exists and price movements are market driven
  • Kabsons Industries Limited confirmed on February 5, 2026 compliance with all disclosure requirements under Regulation 30 and stated management has no knowledge of reasons for price movement
  • All three companies reaffirmed their commitment to prompt disclosure of material information under SEBI listing regulations
  • Companies stated they give high priority to compliance with Stock Exchange, SEBI and regulatory requirements

Regulatory Changes

No regulatory changes announced. This circular documents company responses to routine surveillance queries.

Compliance Requirements

  • Companies must respond to stock exchange queries regarding unusual price movements
  • Continued adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Prompt disclosure of any material information or price sensitive information
  • Compliance with materiality policy and guidelines established by respective Boards of Directors

Important Dates

  • February 4, 2026: BSE query sent to Kabsons Industries Ltd
  • February 5, 2026: BSE query sent to Faze Three Ltd and Indo Count Industries Ltd; responses received from Indo Count and Kabsons
  • February 6, 2026: Response received from Faze Three Ltd

Impact Assessment

Market Impact: Minimal. These are standard clarifications confirming no material developments, which typically provide reassurance to investors that price movements are market-driven rather than based on undisclosed information.

Operational Impact: None. No operational changes or new requirements imposed on the companies.

Investor Impact: Low. The clarifications confirm companies are compliant with disclosure norms and have no pending material announcements, helping maintain transparency in price discovery.

Impact Justification

Routine clarification responses to stock exchange queries on price movement with no material information disclosed by any company