Description

BSE has received clarifications from 13 companies regarding significant price/volume movements. Replies are still awaited from 15 additional companies under surveillance.

Summary

BSE’s Surveillance Department (DOSS) issued Notice No. 20260429-14 on 29 April 2026, addressing significant price and volume movements observed in 28 listed scrips. The Exchange had written to all these companies to ensure trading members and investors have access to the latest relevant information. Clarifications have been received from 13 companies, while replies from the remaining 15 companies are still awaited.

Key Points

  • BSE observed significant price/volume movement in 28 scrips and initiated clarification requests.
  • 13 companies have submitted replies, which are attached to the notice (Replies1 and Replies2).
  • 15 companies have not yet responded; their replies are awaited.
  • The notice is issued by the Surveillance Department (Deputy Vice President Sanjay Jain and Manager Shreya Ghose).
  • Segment covered: Equity.

Companies That Have Responded

  1. A B Cotspin India Ltd (Security Code: 544522)
  2. Black Box Ltd (Security Code: 500463)
  3. Electronics Mart India Ltd (Security Code: 543626)
  4. Electrotherm (India) Ltd (Security Code: 526608)
  5. IRM Energy Ltd (Security Code: 544004)
  6. Kuber Udyog Ltd (Security Code: 539408)
  7. Lactose India Ltd (Security Code: 524202)
  8. Manaksia Aluminium Company Ltd (Security Code: 539045)
  9. Paul Merchants Ltd (Security Code: 539113)
  10. Sai Capital Ltd (Security Code: 531931)
  11. Shivalik Bimetal Controls Ltd (Security Code: 513097)
  12. Sri KPR Industries Ltd (Security Code: 514442)
  13. Trigyn Technologies Ltd (Security Code: 517562)

Companies with Replies Awaited

  1. Archidply Decor Ltd (Security Code: 543231)
  2. Deep Polymers Ltd (Security Code: 541778)
  3. Dharani Finance Ltd (Security Code: 511451)
  4. Dhillon Freight Carrier Ltd (Security Code: 544556)
  5. Gconnect Logitech and Supply Chain Ltd (Security Code: 544156)
  6. HCP Plastene Bulkpack Ltd (Security Code: 526717)
  7. Hindustan Appliances Ltd (Security Code: 531918)
  8. Marg Techno Projects Ltd (Security Code: 540254)
  9. Milgrey Finance & Investments Ltd (Security Code: 511018)
  10. Nagreeka Exports Ltd (Security Code: 521109)
  11. PCS Technology Ltd (Security Code: 517119)
  12. Resourceful Automobile Ltd (Security Code: 544236)
  13. Rudra Global Infra Products Ltd (Security Code: 539226)
  14. Sampat Aluminium Ltd (Security Code: 544520)
  15. ZR2 Bioenergy Ltd (Security Code: 506640)

Regulatory Changes

No new regulatory changes are introduced. This is a standard surveillance-driven clarification notice under existing BSE monitoring frameworks for unusual price and volume activity in listed equities.

Compliance Requirements

  • The 15 companies that have not yet responded must submit clarifications to BSE’s Surveillance Department regarding the observed price/volume movements in their scrips.
  • Investors and trading members are advised to review the attached replies from the 13 responding companies before making trading decisions in these scrips.

Important Dates

  • Notice Date: 29 April 2026
  • No specific deadline mentioned for pending replies; companies under surveillance are expected to respond promptly.

Impact Assessment

This notice signals heightened regulatory scrutiny on 28 mid-to-small cap equities. Investors holding or tracking these scrips should review the submitted clarifications for any material disclosures. The 15 non-responding companies remain under active surveillance, which may result in further regulatory action or trading restrictions if replies are not forthcoming. The notice has a moderate impact on market participants invested in these specific securities but no broader systemic implications.

Impact Justification

Routine BSE surveillance notice covering 28 companies with unusual price/volume activity. Replies received from 13 companies; 15 still pending. Relevant to investors holding these scrips but limited systemic market impact.