Venus Remedies Limited has informed the Exchange regarding Update on trading in shares of Venus Remedies Ltd.
VENUSREM · price
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Awaiting price reaction for this filing.
Venus Remedies has informed the exchange that shares were previously under a trading restriction, and as per the revised Surveillance Action, trading is now permitted on all trading days under Periodic Call Auction with a +/-2% price band. The company clarifies that its inclusion under Enhanced Surveillance Measures is purely a market surveillance step and should not be seen as any adverse action against the company. This indicates a partial easing of earlier trading curbs and brings more clarity on the nature of the restriction.
Shareholders can now trade the stock on all sessions (albeit with a tight 2% daily price band under periodic call auction), which should improve liquidity compared to the prior restricted setup. The company's explicit clarification that this is a routine surveillance measure — not punitive — is mildly reassuring and reduces negative sentiment, though the ongoing ESM classification means volatility and scrutiny will remain elevated.