BSE’s Department of Surveillance and Supervision (DOSS) issued Notice No. 20260413-32 on 13 April 2026, reporting that it had observed significant price and/or volume movements in 55 listed equity scrips. The Exchange wrote to all these companies seeking clarifications to ensure trading members and investors have access to the latest relevant information. Replies have been received from 36 companies; 19 companies are yet to respond.

Key Points

• BSE identified 55 equity scrips with unusual price/volume activity warranting clarification.
• 36 companies have submitted replies, which are attached to the notice (Replies1 through Replies5).
• 19 companies have not yet responded and are under pending status.
• The notice is issued under the Equity segment by the DOSS department.
• Signed by Sanjay Jain (Deputy Vice President, Surveillance) and Shreya Ghose (Manager, Surveillance).

Companies That Have Responded

1. Active Clothing Co Ltd (541144)
2. Alphalogic Techsys Ltd (542770)
3. Amal Ltd (506597)
4. Avanti Feeds Ltd (512573)
5. Balurghat Technologies Ltd (520127)
6. Cohance Lifesciences Ltd (543064)
7. Colorchips New Media Ltd (540023)
8. Conart Engineers Ltd (522231)
9. Confidence Futuristic Energetech Ltd (539991)
10. Dachepalli Publishers Ltd (544667)
11. Daulat Securities Ltd (530171)
12. GEM Enviro Management Ltd (544199)
13. Gini Silk Mills Ltd (531744)
14. Jetking Infotrain Ltd (517063)
15. M.K. Exim India Ltd (538890)
16. Mittal Sections Ltd (544575)
17. Morgan Ventures Ltd (526237)
18. Neetu Yoshi Ltd (544434)
19. North Eastern Carrying Corporation Ltd (534615)
20. Prudential Sugar Corporation Ltd (500342)
21. Rachit Prints Ltd (544503)
22. RBZ Jewellers Ltd (544060)
23. Riddhi Display Equipments Ltd (544640)
24. Sainik Finance & Industries Ltd (530265)
25. Securekloud Technologies Ltd (512161)
26. Sejal Glass Ltd (532993)
27. Shree Tirupati Balajee Agro Trading Company Ltd (544249)
28. Shreenath Paper Products Ltd (544372)
29. Solitaire Machine Tools Ltd (522152)
30. Spice Lounge Food Works Ltd (539895)
31. Swadeshi Polytex Ltd (503816)
32. The New India Assurance Company Ltd (540769)
33. Titaanium Ten Enterprise Ltd (539985)
34. Vikram Kamats Hospitality Ltd (539659)
35. Vinyoflex Ltd (530401)
36. VSF Projects Ltd (519331)

Companies With Pending Replies

1. Bharat Global Developers Ltd (521238)
2. Evans Electric Ltd (542668)
3. Goel Food Products Ltd (543538)
4. GTT Data Solutions Ltd (530457)
5. K&R Rail Engineering Ltd (514360)
6. Kamadgiri Fashion Ltd (514322)
7. Kesoram Industries Ltd (502937)
8. Lotus Chocolate Company Ltd (523475)
9. Milgrey Finance & Investments Ltd (511018)
10. Modern Diagnostic & Research Centre Ltd (544673)
11. Narmada Macplast Drip Irrigation Systems Ltd (517431)
12. Ovobel Foods Ltd (530741)
13. Swati Projects Ltd (543914)
14. Tamilnadu Telecommunications Ltd (523419)
15. ZR2 Bioenergy Ltd (506640)
16. Saffron Industries Ltd (531436)
17. PAN HR Solution Ltd (544698)
18. Patel Chem Specialities Ltd (544460)
19. Hind Rectifiers Ltd (504036)

Regulatory Changes

No new regulatory changes are introduced by this notice. It is an informational disclosure under BSE’s ongoing market surveillance framework.

Compliance Requirements

• The 19 companies listed under “Reply is waited” are expected to submit their clarifications to BSE promptly.
• Trading members and investors should review the attached replies (Replies1–Replies5) for the 36 responding companies before making trading decisions in those scrips.

Important Dates

• Notice Date: 13 April 2026
• No explicit deadline is stated for pending replies, but regulatory norms typically require prompt response.

Impact Assessment

This notice affects 55 stocks primarily in the SME and small-cap segments. The disclosure of company replies is intended to curb information asymmetry amid unusual trading activity. Investors holding or trading in these scrips should review the attached replies for material disclosures. The 19 companies still awaiting reply may face additional surveillance measures or trading restrictions if they do not respond in a timely manner.

BSE has issued Notice No. 20260410-48 revising the price bands for more than 30 equity scrips effective April 13, 2026. The revisions cover a range of price band percentages — from a restrictive 2% to a broader 20% — reflecting the exchange’s ongoing surveillance and risk management measures under the DOSS (Department of Surveillance and Supervision) framework.

Key Points

• Price band revisions are effective from April 13, 2026
• At least 30 scrips are affected across various sectors
• Most scrips are being set to a 5% price band, indicating tightened trading limits
• Two scrips — Indo Credit Capital Ltd (526887) and Krishna Ventures Ltd (504392) — are assigned a 2% price band, the most restrictive level
• Hardwyn India Ltd (541276) receives the widest band at 20%
• Scrips with 10% bands include Ahmedabad Steelcraft, Alphalogic Techsys, Goyal Aluminiums, Gujarat Cotex, India Tourism Development Corporation, Indrayani Biotech, and Kalpa Commercial
• The circular was issued by the DOSS department under the Trading/Equity segment

Regulatory Changes

The Exchange has administratively revised price bands under its existing surveillance framework. Price bands are circuit limits that cap the maximum intraday price movement (up or down) for a scrip. Revisions to tighter bands (2%, 5%) are typically applied to scrips under enhanced scrutiny for volatility, low liquidity, or regulatory concerns.

Compliance Requirements

• Trading Members must note the revised price band limits for affected scrips effective April 13, 2026
• Orders placed outside the revised price band limits will be rejected by the exchange trading system
• No action is required from listed companies; this is an exchange-level trading control measure

Important Dates

Impact Assessment

Affected Scrips (Partial List):

Tightened price bands (2%–5%) will significantly limit intraday trading range for the affected scrips, reducing speculative activity and potentially impacting liquidity. Traders and investors holding positions in these scrips should be aware of the restricted price movement from April 13, 2026 onwards. The 2% band on Indo Credit Capital and Krishna Ventures suggests elevated surveillance concern for these two companies.