Description

BSE sought clarifications from Alacrity Securities Ltd, IIFL Capital Services Ltd, and Oil and Natural Gas Corporation Ltd regarding unusual price or volume movements in their shares. All companies confirmed no unpublished price-sensitive information and attributed movements to market forces.

Summary

BSE’s surveillance department sought clarifications from three listed companies — Alacrity Securities Ltd (Scrip Code: 535916), IIFL Capital Services Ltd (formerly IIFL Securities Ltd, Scrip Code: 542773), and Oil and Natural Gas Corporation Ltd (ONGC) — regarding unusual movements in their share price or trading volume. All three companies responded on March 04, 2026, confirming full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and denying possession of any unpublished price-sensitive information (UPSI).

Key Points

  • Alacrity Securities Ltd (Scrip Code: 535916) responded to BSE surveillance ref. L/SURV/ONL/PV/SJ/2025-2026/3387, confirming compliance with Regulation 30 of SEBI LODR and stating no pending price-sensitive announcements.
  • IIFL Capital Services Ltd (Scrip Code: 542773) responded to BSE surveillance ref. L/SURV/ONL/PV/SG/2025-2026/952, confirming no UPSI and no impending corporate actions requiring disclosure under SEBI Listing Regulations.
  • ONGC confirmed compliance with listing obligations for both NSE (Symbol: ONGC, Series: EQ) and BSE.
  • All three companies attributed recent price or volume movements solely to market-driven factors beyond their control.
  • All companies reaffirmed commitment to timely and transparent disclosures.

Regulatory Changes

No regulatory changes introduced. These are standard clarification responses under existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 governing disclosure of material events and information.

Compliance Requirements

  • Companies are required to respond promptly to BSE surveillance queries regarding unusual price or volume movements.
  • Listed entities must confirm whether any unpublished price-sensitive information (UPSI) exists that could explain market movements.
  • All material events must be disclosed to exchanges within prescribed timelines under Regulation 30 of SEBI LODR, 2015.

Important Dates

  • March 04, 2026: BSE issued surveillance queries to all three companies.
  • March 04, 2026: All three companies submitted their clarification responses.

Impact Assessment

Low market impact. These are routine surveillance clarifications with no material corporate actions, earnings revisions, or regulatory penalties involved. The responses from all three companies are standard and indicate no forthcoming announcements. Investors in Alacrity Securities (535916), IIFL Capital Services (542773), and ONGC should note that the companies themselves have attributed recent price/volume movements to general market conditions rather than company-specific developments.

Impact Justification

Routine regulatory clarifications confirming no undisclosed price-sensitive information; movements attributed to market forces with no material corporate action pending.