Description

BSE has received clarifications from 16 companies following significant price/volume movement. Replies are still awaited from 13 other companies.

Summary

BSE’s Surveillance department (DOSS) issued Notice No. 20260408-38 dated 08 April 2026, noting significant price and/or volume movement in 29 scrips. The Exchange had written to these companies to ensure trading members and investors have access to the latest relevant information. Clarifications have been received from 16 companies, while replies remain awaited from the remaining 13.

Key Points

  • BSE observed unusual price/volume movement in 29 listed companies and sought clarifications.
  • 16 companies have submitted replies, which are attached to the notice.
  • 13 companies have not yet responded; their replies are still awaited.
  • The notice is issued by the Surveillance department under the Equity segment.
  • Signed by Sanjay Jain (Deputy Vice President, Surveillance) and Shreya Ghose (Manager, Surveillance).

Regulatory Changes

No new regulatory changes are introduced. This notice is part of BSE’s ongoing market surveillance process to maintain transparency and informed trading.

Compliance Requirements

  • The 13 companies for which replies are awaited are expected to submit their clarifications to BSE promptly.
  • Trading members and investors are advised to review the attached replies from the 16 responding companies before trading in these scrips.

Companies that have replied:

  1. Bajaj Steel Industries Ltd (507944)
  2. Bazel International Ltd (539946)
  3. Dhatre Udyog Ltd (540080)
  4. Flex Foods Ltd (523672)
  5. Hindustan Oil Exploration Company Ltd (500186)
  6. Kopran Ltd (524280)
  7. Mid East Portfolio Management Ltd (526251)
  8. MRC Agrotech Ltd (540809)
  9. Rainbow Childrens Medicare Ltd (543524)
  10. Royal Sense Ltd (544143)
  11. Shelter Infra Projects Ltd (526839)
  12. Shree Marutinandan Tubes Ltd (544083)
  13. Suven Life Sciences Ltd (530239)
  14. United Credit Ltd (531091)
  15. VIP Clothing Ltd (532613)
  16. Icodex Publishing Solutions Ltd (544483)

Reply awaited from:

  1. Dipna Pharmachem Ltd (543594)
  2. BGIL Films & Technologies Ltd (511664)
  3. ZR2 Bioenergy Ltd (506640)
  4. Ashirwad Steels & Industries Ltd (526847)
  5. Goel Food Products Ltd (543538)
  6. Resourceful Automobile Ltd (544236)
  7. Unitech Ltd (507878)
  8. Confidence Futuristic Energetech Ltd (539991)
  9. Milgrey Finance & Investments Ltd (511018)
  10. Manoj Ceramic Ltd (544073)
  11. Sanghvi Brands Ltd (540782)
  12. Kay Power and Paper Ltd (530255)
  13. Ishaan Infrastructures and Shelters Ltd (540134)

Important Dates

  • Notice Date: 08 April 2026
  • No specific deadline mentioned for outstanding replies.

Impact Assessment

This notice affects 29 stocks across various sectors. The receipt of clarifications from 16 companies may help reduce information asymmetry and speculative activity in those scrips. For the 13 companies yet to respond, continued uncertainty may sustain elevated volatility. Investors and traders should review company-specific replies before taking positions in any of the listed securities. No immediate trading restrictions have been imposed as part of this notice.

Impact Justification

Routine surveillance notice covering 29 companies with significant price/volume activity. Affects a broad set of smaller/mid-cap stocks but is informational in nature rather than imposing new trading restrictions.