Description
BSE sought clarification from India Tourism Development Corporation Ltd and AAVAS Financiers Ltd regarding news articles appearing in various media. Replies from both companies have been attached.
Summary
BSE’s Surveillance department (Notice No. 20260413-31, dated 13 April 2026) issued this notice to inform members and investors that it had sought clarifications from two listed companies regarding news articles appearing in newspapers, websites, and television channels. Both companies have submitted their replies, which are attached to the notice.
Key Points
- BSE Surveillance sought clarifications from two companies to verify accuracy of media reports.
- India Tourism Development Corporation Ltd (Scrip Code: 532189) provided a reply in response to a news item on NDTV Profit.
- AAVAS Financiers Ltd (Scrip Code: 541988) provided a reply in response to a news item on ET CFO (Economic Times).
- Replies from both companies are attached to the notice for transparency to members and investors.
Regulatory Changes
No regulatory changes have been introduced. This is a routine surveillance and disclosure exercise.
Compliance Requirements
No new compliance requirements are imposed on members or investors. The notice is informational. The two companies have already fulfilled their obligation by submitting clarifications to BSE.
Important Dates
- Notice Date: 13 April 2026
Impact Assessment
Low market impact. This is a standard surveillance measure by BSE to ensure transparency and accuracy of information available to market participants. The attached company replies may have stock-specific implications depending on the content of the clarifications, but the notice itself does not introduce any trading restrictions, listing changes, or compliance mandates.
Impact Justification
Routine surveillance notice where BSE sought and received clarifications from two companies on media reports. No regulatory changes or compliance obligations are introduced; the notice is purely informational for members and investors.