Description
Multiple listed companies respond to BSE's surveillance queries on recent price movements, affirming compliance with Regulation 30 of SEBI (LODR) Regulations 2015 and stating price movements are market-driven.
Summary
BSE received clarification letters from multiple listed companies in response to surveillance queries (Letter No. L/SURV/ONL/PV/SJ/2025-2026/3380, dated February 19, 2026) regarding unusual price movements in their securities. Companies responding include Accretion Nutraveda Limited (Scrip Code: 544694), Associated Coaters Limited (Scrip Code: 544183), and BLB Limited (Scrip Code: 532290), among others. All responding companies affirm full compliance with disclosure norms and attribute price movements to market forces.
Key Points
- BSE issued surveillance query emails on February 19, 2026 to companies exhibiting unusual price movements
- All responding companies assert compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies state no material price-sensitive information has been withheld
- All companies attribute price movements to market-driven conditions beyond management control
- Companies commit to timely disclosure of any future material events
- Accretion Nutraveda Limited (formerly Accretion Nutraveda Private Limited) — Scrip Code 544694, Ahmedabad, Gujarat
- Associated Coaters Limited (formerly Associated Coaters Private Limited) — Scrip Code 544183, BSE Symbol: ASSOCIATED, Kolkata
- BLB Limited — Scrip Code 532290
Regulatory Changes
No regulatory changes. This circular documents company responses to BSE’s standard surveillance mechanism under the existing SEBI (LODR) Regulations, 2015 framework.
Compliance Requirements
- No new compliance requirements imposed on market participants
- Companies are reminded of their ongoing obligations under Regulation 30 of SEBI (LODR) Regulations, 2015 to promptly disclose all material events and price-sensitive information
- Companies must continue to inform BSE of any future material events as and when they occur
Important Dates
- February 19, 2026: BSE issued surveillance query letters to the companies
- February 20, 2026: Companies submitted clarification replies to BSE
Impact Assessment
Minimal market impact. These are standard surveillance-driven clarification disclosures. The companies’ responses confirm no undisclosed material developments, suggesting the price movements were speculative or sentiment-driven rather than fundamentals-based. Investors in Accretion Nutraveda Ltd (544694), Associated Coaters Ltd (ASSOCIATED/544183), and BLB Ltd (532290) should note that management has disclaimed knowledge of specific reasons for price fluctuations. No trading restrictions or regulatory actions were announced as part of this disclosure.
Impact Justification
Routine surveillance clarification letters from listed companies affirming no undisclosed material information; price movements attributed to market conditions. No regulatory changes or actionable compliance requirements for market participants.