BSE (Notice No. 20260410-40) has published clarifications received from companies where significant price and/or volume movements were observed. The Exchange wrote to these companies to ensure trading members and investors have the latest relevant information. Replies from 48 companies are attached, while responses from 17 additional companies are still pending.

Key Points

• BSE observed significant price/volume movement in multiple scrips and sought clarifications from the respective companies
• 48 companies have submitted their replies (attached as Replies1 through Replies10)
• 17 companies have not yet responded and their replies are awaited
• Notice falls under the Equity segment, Category: Company related, Department: DOSS

Companies That Have Replied

1. Abram Food Ltd (544422)
2. Affordable Robotic & Automation Ltd (541402)
3. AG Ventures Ltd (506579)
4. Ajanta Soya Ltd (519216)
5. Alkali Metals Ltd (533029)
6. Allcargo Terminals Ltd (543954)
7. Alpa Laboratories Limited (532878)
8. Amba Enterprises Ltd (539196)
9. Amir Chand Jagdish Kumar (Exports) Ltd (544743)
10. ANG Lifesciences India Ltd (540694)
11. Anik Industries Ltd (519383)
12. Anjani Foods Ltd (511153)
13. Anmol India Ltd (542437)
14. Artemis Electricals and Projects Ltd (542670)
15. Bhagiradha Chemicals & Industries Ltd (531719)
16. Bhagyanagar India Ltd (512296)
17. Bharat Parenterals Ltd (541096)
18. Caprihans India Ltd (509486)
19. Cenlub Industries Ltd (522251)
20. Chatha Foods Ltd (544151)
21. Chemkart India Ltd (544442)
22. Chennai Ferrous Industries Ltd (539011)
23. Consolidated Construction Consortium Ltd (532902)
24. Cupid Breweries And Distilleries Ltd (512361)
25. Delphi World Money Ltd (533452)
26. Denis Chem Lab Ltd (537536)
27. Digicontent Ltd (542685)
28. Dreamfolks Services Ltd (543591)
29. EKI Energy Services Ltd (543284)
30. eMudhra Ltd (543533)
31. Epack Prefab Technologies Ltd (544540)
32. Euphoria Infotech (India) Ltd (544094)
33. Fluidomat Ltd (522017)
34. Genus Paper & Boards Ltd (538961)
35. Global Vectra Helicorp Ltd (532773)
36. Gujarat Poly Electronics Ltd (517288)
37. H.M. Electro Mech Ltd (544349)
38. Honasa Consumer Ltd (544014)
39. HT Media Ltd (532662)
40. I S T Ltd (508807)
41. Innovators Facade Systems Ltd (541353)
42. Integra Engineering India Ltd (505358)
43. Intense Technologies Limited (532326)
44. ITI Ltd (523610)
45. Jayant Infratech Ltd (543544)
46. JHS Svendgaard Retail Ventures Ltd (544197)
47. Kanoria Energy & Infrastructure Ltd (539620)
48. Kay Power and Paper Ltd (530255)

Companies Awaiting Reply

1. Amal Ltd (506597)
2. Balurghat Technologies Ltd (520127)
3. Bharat Global Developers Ltd (521238)
4. Colorchips New Media Ltd (540023)
5. Conart Engineers Ltd (522231)
6. Confidence Futuristic Energetech Ltd (539991)
7. Evans Electric Ltd (542668)
8. Gini Silk Mills Ltd (531744)
9. Goel Food Products Ltd (543538)
10. GTT Data Solutions Ltd (530457)
11. Jetking Infotrain Ltd (517063)
12. K&R Rail Engineering Ltd (514360)
13. Kamadgiri Fashion Ltd (514322)
14. Kesoram Industries Ltd (502937)
15. Lotus Chocolate Company Ltd (523475)
16. Milgrey Finance & Investments Ltd (511018)
17. Mittal Sections Ltd (details truncated)

Regulatory Changes

No new regulatory changes introduced. This is a surveillance-driven disclosure under BSE’s existing framework for monitoring abnormal price and volume movements in listed securities.

Compliance Requirements

• Companies that have not yet submitted their clarifications must respond to BSE promptly
• Trading members and investors are advised to review the attached replies for relevant disclosures before making investment decisions in the mentioned scrips

Important Dates

• Notice Date: April 10, 2026
• Replies attached as of April 10, 2026; pending replies from 17 companies are expected to follow

Impact Assessment

This is an informational disclosure notice. The replies provide context around recent price and volume anomalies in 48 scrips, helping investors make informed decisions. Companies still awaiting reply may face further regulatory scrutiny if they do not respond. No trading restrictions are imposed by this notice; however, continued non-response could escalate to stricter surveillance measures.

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.