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.

BSE’s Surveillance Department (DOSS) issued Notice No. 20260407-20 on 7th April 2026 after observing significant price and/or volume movements in 33 listed scrips. To ensure trading members and investors have access to the latest relevant information, BSE wrote to these companies seeking clarifications. Replies have been received from 18 companies and are attached to the notice; replies from the remaining 15 companies are still awaited.

Key Points

• BSE observed unusual price/volume activity in 33 equity scrips and initiated clarification requests under its surveillance function.
• Replies received from 18 companies: Ruchi Infrastructure Ltd, Bhandari Hosiery Exports Ltd, Sakuma Exports Ltd, Dish TV India Ltd, Ganesha Ecoverse Ltd, Mishtann Foods Ltd, Zydus Wellness Ltd, KCP Ltd, Lux Industries Ltd, Danlaw Technologies India Ltd, Maitri Enterprises Ltd, Silicon Rental Solutions Ltd, Primo Chemicals Ltd, Confidence Petroleum India Ltd, Captain Pipes Ltd, Crane Infrastructure Ltd, Shivagrico Implements Ltd, and Marc Loire Fashions Ltd.
• Replies still awaited from 15 companies: Dipna Pharmachem Ltd, BGIL Films & Technologies Ltd, Bazel International Ltd, United Credit Ltd, ZR2 Bioenergy Ltd, Ashirwad Steels & Industries Ltd, Goel Food Products Ltd, Resourceful Automobile Ltd, Unitech Ltd, Confidence Futuristic Energetech Ltd, Milgrey Finance & Investments Ltd, MRC Agrotech Ltd, Shelter Infra Projects Ltd, Icodex Publishing Solutions Ltd, and Manoj Ceramic Ltd.
• Issued by Deputy Vice President Sanjay Jain and Manager Shreya Ghose of the Surveillance department.

Regulatory Changes

No new regulatory changes introduced. This is a standard surveillance-driven clarification notice under BSE’s existing market monitoring framework.

Compliance Requirements

• The 15 companies listed under “Reply Awaited” are expected to furnish their clarifications to BSE promptly.
• Trading members and investors are advised to review the attached replies (Replies1, Replies2) from the 18 responding companies before making investment decisions in these scrips.

Important Dates

• Notice Date: 7th April 2026
• No explicit deadline mentioned for the 15 pending companies, but prompt response is implied by BSE’s surveillance process.

Impact Assessment

This notice affects 33 mid/small-cap equity scrips across diverse sectors. The exchange’s public disclosure of these clarification requests signals heightened regulatory scrutiny, which may influence short-term investor sentiment negatively for the listed scrips — particularly the 15 companies yet to respond. Investors and traders should review company replies attached to the notice to assess whether the price/volume movements were justified by material corporate developments or remain unexplained.