Description

Three listed companies — Associated Coaters Ltd, Tanvi Foods (India) Ltd, and Vesuvius India Ltd — respond to BSE clarification queries, stating their share price and volume movements are purely market-driven and all material disclosures have been made under SEBI LODR Regulations.

Summary

BSE sought clarifications from three listed companies regarding unusual movements in their share prices or trading volumes. All three companies — Associated Coaters Limited (Scrip Code: 544183), Tanvi Foods (India) Limited, and Vesuvius India Limited — responded affirming that all material price-sensitive information has been disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and that the observed movements are purely market-driven.

Key Points

  • Associated Coaters Ltd (BSE: ASSOCIATED, Scrip Code: 544183) responded on February 20, 2026 to a BSE email dated February 19, 2026, stating price movement is market-driven and no undisclosed material information exists.
  • Tanvi Foods (India) Ltd responded on February 21, 2026 to a BSE query dated February 20, 2026, confirming all necessary disclosures under SEBI LODR Regulation 30 have been made and management is not aware of reasons for any significant price movement.
  • Vesuvius India Ltd responded on February 23, 2026 to a BSE email dated February 23, 2026 (Ref: L/SURV/ONL/PV/SG/2025-2026/927) regarding a significant increase in trading volume, affirming full compliance with disclosure obligations.
  • All three companies reiterated commitment to continuing compliance with Listing Regulations and timely disclosure of material events.

Regulatory Changes

No regulatory changes introduced. These are responses to BSE surveillance queries under the existing framework of SEBI (LODR) Regulations, 2015.

Compliance Requirements

  • Companies are required to respond to BSE clarification requests on price/volume movements under their obligations as listed entities.
  • Ongoing compliance with Regulation 30 of SEBI (LODR) Regulations, 2015 mandates timely disclosure of all material events and price-sensitive information.
  • No new compliance actions required from investors or other market participants.

Important Dates

  • February 19, 2026: BSE email to Associated Coaters seeking price movement clarification.
  • February 20, 2026: Associated Coaters response submitted; BSE email to Tanvi Foods seeking clarification.
  • February 21, 2026: Tanvi Foods response submitted.
  • February 23, 2026: BSE email and Vesuvius India response submitted on the same day.

Impact Assessment

These clarifications are routine surveillance disclosures with no direct market or operational impact. They signal that BSE’s surveillance mechanism flagged unusual activity in the scrips of Associated Coaters, Tanvi Foods, and Vesuvius India, but no undisclosed material information has been identified. Investors should note that regulatory queries of this nature are standard and do not necessarily indicate any wrongdoing or pending corporate action.

Impact Justification

Routine regulatory clarifications by three companies denying any undisclosed material information behind recent price or volume movements; no new compliance obligations or market-structure changes introduced.