Description
BSE circular containing clarifications from Pecos Hotels and Pubs Limited and Yash Chemex Limited regarding price movements in their securities.
Summary
BSE circular containing clarifications from two listed companies - Pecos Hotels and Pubs Limited and Yash Chemex Limited - regarding price movements in their securities. Both companies provided explanations for recent price movements following BSE’s queries.
Key Points
- Pecos Hotels and Pubs Limited (Security Code: 539273) clarified that branch relocation to strategic location may drive incremental revenue
- Company has consistently paid final dividends for three consecutive years (FY 2022-23, 2023-24, 2024-25) which may have increased shareholder confidence
- Yash Chemex Limited (BSE Scrip Code: 539939, Symbol: YASHCHEM) stated no specific material information causing price movement
- Both companies confirmed compliance with SEBI LODR Regulations 2015
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Companies must provide clarifications on unusual price movements when requested by BSE
- Adherence to Regulation 30 of SEBI (LODR) Regulations 2015 for disclosure requirements
- Prompt disclosure of material information affecting company operations or performance
Important Dates
- August 28, 2025: Date of clarification letters
- April 10, 2025: Previous information submission date by Pecos Hotels
- August 26, 2025: BSE query date to Yash Chemex
Impact Assessment
Medium impact as these are routine clarifications from companies explaining price movements. Pecos Hotels attributed movement to business expansion and dividend track record, while Yash Chemex attributed it to market conditions. No material undisclosed information identified by either company.
Impact Justification
Standard price movement clarifications from two companies explaining reasons for stock price movements