Antelopus Selan Energy Limited has issued a formal response to the BSE regarding inquiries about recent price movements in its securities. The company addressed concerns raised by the exchange's surveillance department through an official communication dated January 20, 2026.

BSE Surveillance Inquiry

The BSE surveillance department had sought clarification from the company on January 19, 2026, regarding unusual price movements in Antelopus Selan Energy Limited's securities. The exchange inquiry was part of routine surveillance activities to ensure market transparency and compliance with listing regulations.

Company's Official Response

In its response, Antelopus Selan Energy Limited emphasized its commitment to regulatory compliance and transparency. The company provided the following key clarifications:

Regulatory Compliance Statement

The company stated that it maintains regular communication with stock exchanges regarding material information as required under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Antelopus Selan Energy Limited assured continued compliance with these regulations going forward.

Market-Driven Price Movement

The company explicitly stated that there are currently no material events requiring disclosure under SEBI regulations. Management attributed the recent share price movements to normal market dynamics rather than any specific corporate developments or undisclosed information.

Corporate Authorization

The response was officially signed by Yogita, Company Secretary and Compliance Officer (Membership No. 62611), on January 20, 2026. The communication was digitally signed and submitted as part of the company's regulatory compliance obligations to address the exchange's surveillance inquiry.

Antelopus Selan Energy Limited (formerly known as Selan Exploration Technology Limited) has issued a clarification regarding the recent movements in its share price. The company has emphasized that there are no material operational or undisclosed events that have not already been shared with the stock exchanges.

Business as Usual

The energy company stated that it continues to operate in the normal course of business, with all activities and financial performance parameters in line with the previously issued Q2 guidance. Antelopus Selan Energy confirmed that there has been no significant change in the company's operational, financial, or regulatory position since its last disclosure.

Commitment to Transparency

In its communication to the stock exchanges, Antelopus Selan Energy reaffirmed its commitment to maintaining the highest standards of transparency and compliance with SEBI and exchange regulations. The company assured that any event or information required to be disclosed under Regulation 30 of the SEBI (LODR) Regulations, 2015 would be promptly communicated to the exchanges.

Market-Driven Fluctuations

Addressing the recent price movement, Antelopus Selan Energy suggested that the fluctuations appear to be market-driven. The company stated that it has no information that may have led to such fluctuations in its share price.

Key Points of the Clarification

Investors and market participants are advised to consider this clarification while making investment decisions related to Antelopus Selan Energy Limited. As always, it is recommended to conduct thorough research and consider multiple factors before making any investment choices.