Centenial Surgical Suture Files BSE Complaint Alleging Price Manipulation in Scrip 531308
Centenial Surgical Suture Ltd has filed a formal complaint with BSE alleging price manipulation in scrip 531308 during February 06-13, 2026. The company reported suspicious small-volume trading activities and requested investigation into potential SEBI regulation violations, while denying any involvement by company insiders in the alleged manipulative practices.

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Centenial Surgical Suture Ltd has filed a formal complaint with BSE Limited alleging unusual trading activities and price manipulation in its scrip 531308. The company has requested urgent investigation into what it describes as manipulative and unethical trading practices that have artificially influenced its share price.
Complaint Details and Timeline
The complaint, dated February 16, 2026, was signed by Company Secretary Mahima Bathwal and addressed to BSE's Investigation and Surveillance Department. The company identified suspicious trading activities during the period from February 06, 2026 to February 13, 2026, involving multiple individuals engaging in small-volume transactions.
| Parameter: | Details |
|---|---|
| Scrip Number: | 531308 |
| ISIN: | INE405H01018 |
| Investigation Period: | February 06-13, 2026 |
| Complaint Date: | February 16, 2026 |
| Signatory: | Mahima Bathwal, Company Secretary |
Alleged Trading Irregularities
The company reported that several individuals were trading in unusually small quantities of 1, 2, 3, 4, and 5 equity shares during the specified period. According to the complaint, these trading patterns appeared coordinated and designed to manipulate the last traded price (LTP) of the scrip.
Key concerns raised by the company include:
- Transactions executed at prices higher than the LTP
- Circular trading patterns with no real change in beneficial ownership
- Family members trading shares between each other in small quantities
- Artificial price increases not supported by corporate announcements or business developments
Detailed Trading Data Provided
The complaint includes Annexure A, which contains comprehensive trading data for the investigation period. The data shows both selling and buying activities across multiple demat accounts, with detailed information including:
| Activity Type: | Key Observations |
|---|---|
| Selling Activities: | Top sellers disposed shares in quantities ranging from 1 to 50 shares |
| Buying Activities: | Buyers purchased shares in quantities from 1 to 75 shares |
| Account Details: | Complete PAN, contact information, and addresses provided |
| Trading Pattern: | Consistent small-volume transactions across multiple accounts |
Notable sellers included individuals who disposed of 50, 49, 36, 35, and 34 shares respectively, while buyers acquired shares in quantities ranging from 1 to 75 shares. The company emphasized that these sellers had sufficient quantities in their demat accounts but chose to sell in minuscule amounts.
Regulatory Violations Alleged
Centenial Surgical Suture has alleged violations of multiple SEBI regulations, specifically citing contraventions of:
- Regulations 3(a), (b), (c), and (d) of SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003
- Regulation 4(1), (2), (a), and (e) of PFUTP Regulations
The company characterized these activities as "serious misconduct and manipulation to increase the price of equity shares" and requested the issuance of Show Cause Notices (SCN) against the alleged manipulators.
Company's Position and Requests
The company has categorically denied any involvement by its promoters, directors, key managerial personnel, or their immediate relatives in the alleged manipulative trading. Management stated that no corporate announcements or material business changes justified the observed price movements.
| Request Category: | Specific Actions Sought |
|---|---|
| Investigation: | Complete probe under various sections of SEBI Act, 1992 |
| Enforcement: | Arrest and prosecution of alleged manipulators |
| Market Protection: | Prevention of further manipulative activities |
| Regulatory Action: | Penal measures against concerned broking houses and clients |
The complaint emphasizes the company's commitment to protecting shareholder interests and maintaining market integrity. Management has offered full cooperation for any detailed investigation and requested that the matter be treated as an emergency requiring priority attention from regulatory authorities.
Historical Stock Returns for Centenial Surgical Suture
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.97% | +13.29% | -2.00% | -36.94% | -18.54% | +70.43% |


























