BSE’s Surveillance Department (DOSS) issued Notice No. 20260427-19 dated 27 April 2026, notifying trading members and investors that significant price/volume movements were observed in 43 listed equity scrips. BSE had written to all these companies seeking clarifications to ensure investors have the latest relevant information. Replies have been received from 20 companies, while 23 companies’ responses are still awaited.

Key Points

• BSE Surveillance observed unusual price/volume movements across 43 equity scrips
• The Exchange proactively sought clarifications from all concerned companies to protect investor interests
• 20 companies have submitted their replies (attached as Replies1 through Replies4)
• 23 companies have not yet responded and their replies are awaited
• The notice is issued by the Department of Surveillance and Supervision (DOSS)
• Signed by Sanjay Jain (Deputy Vice President, Surveillance) and Shreya Ghose (Manager, Surveillance)

Regulatory Changes

No new regulatory changes introduced. This notice is part of BSE’s ongoing surveillance framework to maintain market integrity and ensure timely dissemination of relevant company information to investors.

Compliance Requirements

• Companies that have replied: Adf Foods Ltd (519183), Archit Organosys Ltd (524640), Aro Granite Industries Ltd (513729), Awfis Space Solutions Ltd (544181), Citadel Realty and Developers Ltd (502445), Davin Sons Retail Ltd (544331), Elecon Engineering Company Ltd (505700), Goblin India Ltd (542850), Indowind Energy Ltd (532894), Jaysynth Orgochem Ltd (524592), KELTECH Energies Ltd (506528), Lake Shore Realty Ltd (519612), Lovable Lingerie Ltd (533343), Quality RO Industries Ltd (543460), Rupa & Company Ltd (533552), Sofcom Systems Ltd (538923), SPL Industries Ltd (532651), Star Delta Transformers Ltd (539255), Venus Pipes & Tubes Ltd (543528), Vishal Fabrics Ltd (538598)
• Companies with reply awaited: Aptech Ltd (532475), Archidply Decor Ltd (543231), Deep Polymers Ltd (541778), Dhillon Freight Carrier Ltd (544556), Galada Finance Ltd (538881), Gconnect Logitech and Supply Chain Ltd (544156), Hercules Investments Ltd (505720), Hindustan Appliances Ltd (531918), Lactose India Ltd (524202), Milgrey Finance & Investments Ltd (511018), Nagreeka Exports Ltd (521109), Paul Merchants Ltd (539113), PCS Technology Ltd (517119), Resourceful Automobile Ltd (544236), Rudra Global Infra Products Ltd (539226), Sampat Aluminium Ltd (544520), Sharvaya Metals Ltd (544506), Sri KPR Industries Ltd (514442), Sutlej Textiles and Industries Ltd (532782), Trigyn Technologies Ltd (517562), USG Tech Solutions Ltd (532402), Valplast Technologies Ltd (544565), ZR2 Bioenergy Ltd (506640)
• The 23 non-responding companies are implicitly required to submit their clarifications to BSE Surveillance

Important Dates

• Notice Date: 27 April 2026
• Notice Number: 20260427-19
• No explicit deadline mentioned for pending replies; follow-up notices expected if companies continue to delay

Impact Assessment

This notice has a moderate impact on investors and traders in the 43 affected scrips. Investors should review the attached company clarifications (Replies1–Replies4) to assess the reasons behind the observed price/volume movements before making trading decisions. The 23 companies that have not yet responded warrant closer monitoring, as the absence of a clarification may indicate inability to explain the unusual market activity. No trading restrictions or regulatory actions have been announced in this notice. This is a transparency and disclosure measure by BSE Surveillance to uphold market integrity.