Description

Three companies provide clarifications to BSE regarding price movements in their securities, confirming no undisclosed material information pending.

Summary

BSE published clarifications from three listed companies - Faze Three Limited, Indo Count Industries Limited, and Kabsons Industries Limited - in response to exchange queries regarding significant price movements in their securities. All three companies confirmed compliance with Regulation 30 of SEBI LODR and stated there is no pending material information requiring disclosure.

Key Points

  • Faze Three Limited (Scrip: 530079) responded to BSE’s February 5, 2026 query, confirming all material information has been disclosed promptly
  • Indo Count Industries Limited (Scrip: 521016) clarified that price movements are market driven with no impending unpublished price sensitive information
  • Kabsons Industries Limited (Scrip: 524675) confirmed prompt disclosure of all applicable information and stated management has no connection with price movements
  • All companies reaffirmed adherence to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
  • Price movements attributed to market conditions rather than undisclosed corporate developments

Regulatory Changes

No regulatory changes. This is a routine surveillance matter under existing Regulation 30 of SEBI LODR 2015.

Compliance Requirements

  • Companies must respond to exchange surveillance queries regarding unusual price movements
  • Confirmation required that all material events have been disclosed per Regulation 30
  • Companies must state if any undisclosed price sensitive information exists
  • Adherence to materiality policy and Board-approved disclosure guidelines

Important Dates

  • February 4-5, 2026: BSE issued surveillance queries to the companies
  • February 5-6, 2026: Companies submitted clarifications to BSE

Impact Assessment

Market Impact: Minimal. These are routine clarifications confirming no undisclosed material information exists. The responses provide transparency that price movements are market-driven rather than based on corporate developments.

Investor Impact: Neutral. Investors are assured that no material information is being withheld and companies are compliant with disclosure norms.

Operational Impact: None. Standard surveillance and disclosure process with no changes to company operations or trading status.

Impact Justification

Routine clarifications responding to exchange surveillance queries on price movements with standard confirmations of compliance and no material undisclosed information