Description

BSE Surveillance received clarifications from Atul Auto Limited, Jindal Poly Films Limited, and Mankind Pharma Limited regarding significant price/volume movements in their scrips, with all companies attributing the movement to market conditions.

Summary

BSE Surveillance received clarification letters from three listed companies — Atul Auto Limited (BSE: 531795), Jindal Poly Films Limited (BSE: 500227), and Mankind Pharma Limited (BSE: 543904) — in response to BSE queries regarding unusual price and/or volume movements in their respective scrips. All three companies confirmed that the movements are purely market-driven and that they have not withheld any material information required to be disclosed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Points

  • Atul Auto Limited responded to BSE Ref No. L/SURV/ONL/PV/SG/2025-2026/942 (dated February 27, 2026) regarding an increase in volume, stating the movement is purely market-driven and that all price-sensitive information has been disclosed per Regulation 30 of SEBI LODR.
  • Jindal Poly Films Limited responded to BSE Ref No. L/SURV/ONL/PV/SJJ/2025-2026/3401 (dated February 26, 2026) regarding significant price movement, confirming all required disclosures have been made and future price-sensitive events will also be duly notified.
  • Mankind Pharma Limited responded to BSE Ref No. L/SURV/ONL/PV/SG/2025-2026/945 (dated February 27, 2026) regarding an increase in volume, confirming prompt material disclosures per Schedule III, Part A of Regulation 30 of SEBI LODR and attributing the volume increase to market conditions.
  • All three companies asserted compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
  • No undisclosed price-sensitive event or material information was cited by any of the three companies.

Regulatory Changes

No regulatory changes introduced. These are standard surveillance clarification responses under the existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 framework.

Compliance Requirements

  • Companies are required to respond to BSE Surveillance queries in a timely manner when called upon to clarify unusual price/volume movements.
  • All listed companies must continue to disclose material events/information as specified in Part A of Schedule III of Regulation 30 of SEBI (LODR) Regulations, 2015.
  • Future price-sensitive information must be promptly notified to the exchanges upon occurrence.

Important Dates

  • February 26, 2026: BSE query issued to Jindal Poly Films Limited (Ref No. L/SURV/ONL/PV/SJJ/2025-2026/3401).
  • February 27, 2026: BSE queries issued to Atul Auto Limited and Mankind Pharma Limited; all three clarification letters submitted to BSE on this date.

Impact Assessment

The impact is minimal and routine. All three companies have provided satisfactory clarifications confirming no material undisclosed events, and attributing price/volume movements to general market conditions. No trading restrictions, penalties, or further regulatory action are indicated. Investors in Atul Auto (531795), Jindal Poly Films (500227), and Mankind Pharma (543904) should note these as standard surveillance disclosures with no adverse findings.

Impact Justification

Routine surveillance clarifications where all three companies confirmed no withheld material information and attributed price/volume movements to market conditions; no regulatory action or material disclosure involved.