BSECompany Update4d ago · 21 Oct 2026, 02:32 pm

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Centenial Surgical Suture Ltd · 531380

✦ AI Summary▼ NegativeRegulatory

Centenial Surgical Suture Ltd has observed unusual trades in its company shares, with the share price experiencing an abnormal rise, and has requested the BSE Limited to investigate the matter for possible price manipulation.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment3/10

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Centenial Surgical Suture Ltd - 531380 - Price Of The Scrip Of Our Company Has Seen An Abnormal Price Rise

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CENTENIAL®4 ISO ISO ISO ISO 1W -H.O (( Mr\ L SUTURE LTD, 9001 ,20151 13485,20161 14001 :20151 45001 ,2018 G.M.P. algI Reed.OfFice , F-29, By Registered Post AD / Courier / Post / Speed post/ E-mail / Hand delivery Day I Date , Wednesday, October 21, 2026 The Executive Director BSE Limited, [ Investigation / Surveillance Department ] Registered o£nce : Floor 25, P. J. Towers, Dala1 Street, Fort, Mumbai 400001. MAHARASHTRA. T , +91 22 2272 1233 / 1234 1F : +91 22 2272 3121 / 3719 1w ww.bseindia.com Subject : Price of the scrip of our company has seen an abnormal price fall, which was not supported by any corporate announcements or material changes in the bugness activities of our Company and manipulative trade observed in ow scdp and request Urgent attention for posgble MISUSE / UNETHICAL / UNUSUAL TRADES in our Company scrip. C,mp,ny , CEVIENIAL SURGICAL SUIURE LTD Suip no. : 531308 Madam / Sir, In continuation of our earlier letters and as noticed on BSE T,imited, Mumbai, Maharashtra, our company, CENTENIAL SURGICAL SUTURE LTD,, Scrip no.: 531308, we have observed that there have boen unusual trades in the company shares. Today, Wednesday, October 21, 2026 We observe that only 1 equity share is traded and the share price is Rs.71 .25 in the morning sesgon of trading. This has been happening &equently. We only hope that there is no &audulent person from neighboring countries (Pakistan / Nepal / Bangladesh etc.,) employed in a company and living in our country Republic of INDIA involved in this activity. This is CERTAINLY premediated. Please catch the oaender & arrest him. We are sending / attaching details soon of the purchase and sale and the movement in the price of our secwity/ Scrip no.:531380 has seen substantial MII in the price of equity shares and hope our submisgon provides enough documentary support to conclude that this is a POSSIBLE price manipulation and this is not being based on mere suspidon or presumption. it Page 1 of 3 VI \ ).{I- ilt3A n • Registered OffIce I • ManuFacturing Facility • Sales Office - Mumbai • Sales Office - Kolkata F.29, MIDC, Murbad, Thane 421401. 1 &17 / F-29 / F-22 / 23 MIDC. Murbad. 1 " Floor. Palai Complex CHS Ltd. Flat No. N-1. Ground Floor. 385 MAHARASHTRA. I Thane 421401. MAHARASHTRA. Bhandarkar Road, Matunga ( East). Purbachal. Kalitala Road. RS.Kasba. C912524222905B xq2224161261 L C 912524223203 MgBM6Um CM gum 12ba 2I 2+ 40 10 001 29 8, 7M 6A H axA 9R 12A 2S 24H 1T 61R 2A 61. CK 9o 1lk a 3t 3a 7 40 8H00 87 758 , FaW xqE S 3T B 2E 4N 84G 4A 8L 7. We request your department to examine if these transactions are legally valid, that the genuineness of the arrangement has to be viewed not in relation to every step taken to achieve the result but in relation to the anal result, that one has to look at the truth of the transaction (and if permissible) by going behind the facade of the number of shares / documentation or the series Most of the purported buyers are buying 1,2,3,5,10, 20 etc., shares in our company. Thus, an enquiry would reveal that most of the buyers through brokers are spread all over INDIA and some are repeated buyers and this is probably done to avoid the eyes of SEBI I BSE suIveillance An analysis in respect of persons / buyers involved in purchase and sell transactions apparently carried out in order to jack up the share price has been done in respect of our company. It has been noted that many common persons/entities were involved in trading in during the period in question when the shares were made to rise which implies that they had contributed to such price rise and this has clearly been schemed and pre-planned with malaade intention, and these transactions are unnatural and highly suspicious. Further, it appears the main person / entity does not allow any person / entity / buyers to buy/sell to any person outside the syndicate. This is generally ensured by way of synchronized trading by the buyers / operators amongst themselves and/or by utilizing the mechanism of upper/lower circuit of the BSE Ltd., Exchange. The issue for consideration before us is whether, in such cases, the legal documentary trading evidence produced by our company has to guide our decision in the matter or the general observations based on trading / number of shares bought and sold / circular trading all over INDIA / repeated investors / synchronized trading by the investors / operators amongst themselves, probabilities, human behaviour and discovery of the modus operandi adopted in rigging the price that will surface during investigations, should guide the authorities SEBI and BSE Limited in arriving at a conclusion as to whether our claim in genuine. Further, our company has not made any announcement which is of material nature to encourage this signi£cant increase/decrease in the share price, and we are seeking a probe into the unusual trading pattern. We feel that there are some people / parties / company’s trying to manipulate the price of our company’s shares with vested interest. Hence, we request you to intervene in the matter and conduct a complete investigation into this scrip We as the company / promoters are ready for any kind of assistance that is required in a detailed investigation into probable violation of securities laws. We hope that you will investigate this matter on a priority basis. Our company has taken a decision to approach you, to protect the interest of the shareholders and to curb any misuse, unethical or illegal activities which may have an adverse effect on the reputation of our company. We once again wish to place on record that the Company, its Promoters, Directors or associates have no role in this misuse, unethical or illegal activities. Once again, we only hope that there is no &audulent person aom neighbodng countries (Pakistan / Nepal / Bangladesh etc.,) employed in a company and living in our counLry Republic of INDIA involved in this activity. Page 2 of 3 i C+ We urge and request your good o£nces to investigate the price movement and operations in the CENTENIAL SURGICAL SUTURE LTD., equity shares in the recent past and initiate appropriate penal actions against concerned broking house(s) and/or their clients to ensure that the conspirators are brought to book immediately, rather be treated as an emergency Yours sincerely, /or CEVrENIAL SURGICAL SUTURE LTD. Mahima :i3i?::liiFt:£JaFy Bathwa 1 )a 1£!el::i:2f&15% -... -' jl.'.D } in Mahima BATHWAL IL,IP Membership No. ACS A35069 Company Secretary & Compliance OEncer The Executive Director [ Investigation / Surveillance Deparbnent I SECURITIES & EXCHANGE BOARD OF INDIA (SEBD Plot No. C4-A, 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051, IVIAHARASHTRA Telephone : +91-22-26449000 / 40459000 Fax : +91-22-26449016 - 20 / 40459016 – 20 E-mail : sebi(a>sebi.gov.in Page 3 of 3