Key Complaint Details
The company reports observing unusual trading patterns in its shares, specifically noting that on October 19, 2026, only 1 equity share was traded at a price of ₹71.25 during the morning trading session. The company characterizes this activity as "frequently happening" and potentially involving "fraudulent persons operating in Republic of INDIA."
The company alleges this represents "premediated" activity and requests that BSE "catch the offender & arrest him." They provide detailed shareholder data to support their claim of possible price rigging, noting that most purported buyers are purchasing small quantities (1, 2, 3, 5, 10, 20 shares) spread across India with some repeated buyers, which they suggest is done to avoid SEBI/BSE surveillance.
Trading Pattern Analysis
The company provides extensive shareholder data covering the period from August 21, 2026 to October 16, 2026, showing:
- Multiple instances of very small trades (1-5 shares) by numerous individual investors
- Patterns of synchronized trading among buyers/operators
- Repeated buying and selling by the same investors across multiple periods
- Transactions occurring through both CDSL and NSDL depositories
- The company emphasizes that these transactions appear "unnatural and highly suspicious" and represent a "schemed and pre-planned with malafide intention"
Company Position and Denials
The company explicitly states: "the Company, its Promoters, Directors or associates have no role in this misuse, unethical or illegal activities." They confirm that no material announcements have been made that would justify the significant price movements observed.
Request for Action
The company urgently requests BSE to:
- Investigate the price movement and operations in the company's equity shares
- Initiate appropriate penal actions against concerned broking houses and/or their clients
- Treat this matter as an emergency to ensure conspirators are "brought to book immediately"
- Conduct a complete investigation into probable violation of securities laws
Shareholder Data Periods Covered
The attached data covers multiple periods:
- August 21, 2026 to August 28, 2026
- August 28, 2026 to September 04, 2026
- September 04, 2026 to September 11, 2026
- September 11, 2026 to September 18, 2026
- September 18, 2026 to September 21, 2026
- September 21, 2026 to September 25, 2026
- September 25, 2026 to September 30, 2026
- September 30, 2026 to October 02, 2026
- October 02, 2026 to October 09, 2026
- October 09, 2026 to October 16, 2026
The data includes detailed information for each investor showing opening balance, shares sold, shares bought, DEMAT/REMAT activity, closing balance, depository type, and investor classification.
Financial Impact
Financial impact not quantified in the disclosure. The company focuses on the pattern of trading rather than specific financial losses.