519014 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/519014/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usWed, 06 May 2026 00:00:00 +0000Clarification Received from Companies on Price/Volume Movement - BSE Notice 20260506-21https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-06-cef9fdb43734420a-clarification-received-from-the-companies/Wed, 06 May 2026 12:21:25 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-06-cef9fdb43734420a-clarification-received-from-the-companies/BSE has received clarifications from 7 companies including Dhillon Freight Carrier, IFB Agro Industries, and Credit Access Grameen regarding significant price/volume movements. Replies are still awaited from 6 other companies.bsecompliancemediummediummediumcef9fdb43734420ahttps://www.bseindia.com/downloads/UploadDocs/Notices/20260506-21/20260506-21.pdfDHILLONFRTIFBAGRORESOURCEFULSPICELNGSUNFLAGCREDITACCBCPLRAILDAMODARINDGCONNECTMILGREYPRASHANTSOLVEXZR2BIOclarificationsurveillanceprice-movementvolume-movementcompany-responseequitydoss544556507438544236539895500404541770542057521220544156511018519014544539506640Summary

BSE Surveillance Department (DOSS) issued Notice 20260506-21 on 06 May 2026, disclosing that clarifications have been received from 7 companies following observed significant price and volume movements in their securities. The Exchange had proactively written to these companies to ensure trading members and investors have the latest relevant information. Replies remain awaited from 6 additional companies.

Key Points

  • BSE observed significant price/volume movement in 13 scrips in the recent past
  • Replies received from 7 companies; attachments (Replies1, Replies2, Replies3) contain the actual clarifications
  • 6 companies have not yet responded; reply is awaited from them
  • Notice issued by Soumil Shah (Deputy Vice President, Surveillance) and Arpita Joshi (Manager, Surveillance)
  • Segment: Equity; Category: Company Related

Companies That Replied

  1. Dhillon Freight Carrier Ltd (Security Code: 544556)
  2. IFB Agro Industries Ltd (Security Code: 507438)
  3. Resourceful Automobile Ltd (Security Code: 544236)
  4. Spice Lounge Food Works Ltd (Security Code: 539895)
  5. Sunflag Iron & Steel Company Ltd (Security Code: 500404)
  6. Credit Access Grameen Ltd (Security Code: 541770)
  7. BCPL Railway Infrastructure Ltd (Security Code: 542057)

Companies Awaiting Reply

  1. Damodar Industries Ltd (Security Code: 521220)
  2. Gconnect Logitech and Supply Chain Ltd (Security Code: 544156)
  3. Milgrey Finance & Investments Ltd (Security Code: 511018)
  4. Prashant India Ltd (Security Code: 519014)
  5. Solvex Edibles Ltd (Security Code: 544539)
  6. ZR2 Bioenergy Ltd (Security Code: 506640)

Regulatory Changes

No new regulatory changes introduced. This is a standard surveillance disclosure under BSE’s ongoing monitoring framework for unusual price and volume movements in listed securities.

Compliance Requirements

  • The 6 companies with pending replies (Damodar Industries, Gconnect Logitech, Milgrey Finance, Prashant India, Solvex Edibles, ZR2 Bioenergy) are expected to submit their clarifications to the Exchange promptly.
  • Trading members and investors should review the attached replies from the 7 responding companies before making trading decisions in those scrips.

Important Dates

  • Notice Date: 06 May 2026
  • No specific deadline mentioned for pending replies; companies are expected to respond at the earliest.

Impact Assessment

Investors and traders holding positions in any of the 13 listed scrips should review the attached clarifications from the 7 responding companies. The absence of replies from 6 companies (Damodar Industries, Gconnect Logitech, Milgrey Finance, Prashant India, Solvex Edibles, ZR2 Bioenergy) may indicate continued uncertainty around those securities. The surveillance action signals BSE’s active monitoring; further measures such as ASM or GSM placement cannot be ruled out if price/volume anomalies persist or clarifications are unsatisfactory.

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