StockWatch
·
Medical Equipment & Supplies
Clarification21 Oct 2026, 02:33 pm

Centennial Surgical Suture Flags Possible Price Manipulation

AI Summary

Centennial Surgical Suture Ltd has alerted the stock exchanges to unusual trading activity and potential price manipulation in its scrip. The company noted instances of single-share trades at a high price and a substantial fall in share price, which it believes are not supported by any material business changes. The company suspects coordinated trading by a syndicate to artificially inflate or depress the share price and has requested an urgent investigation by SEBI and BSE Limited to curb unethical and illegal activities and protect shareholder interests.

Key Highlights

  • Company flags unusual trading and potential price manipulation.
  • Instances of single-share trades at high prices noted.
  • Substantial price movements not linked to business activities.
  • Suspects coordinated trading to rig share price.
  • Requests urgent investigation by SEBI and BSE.