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
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• 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.
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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.
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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
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Bathwa 1
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-... -' 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
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