Description

BSE circular containing clarifications from DCM Shriram Limited, Amkay Products Limited, and Sheetal Cool Products Limited regarding price and volume movements in their respective scrips.

Summary

BSE issued surveillance queries to three companies regarding unusual price or volume movements in their scrips. DCM Shriram Limited (Scrip Code: 523367) responded to a volume movement query, Amkay Products Limited (Scrip Code: 544169) responded to a price movement query, and Sheetal Cool Products Limited (Scrip Code: 540757) responded to a price movement query. All three companies confirmed that they have made timely disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015 and have no undisclosed material information.

Key Points

  • DCM Shriram Limited confirmed all requisite information has been disclosed pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
  • Amkay Products Limited stated that price movement is purely due to market conditions and market driven, with the company having no control or knowledge of reasons
  • Sheetal Cool Products Limited confirmed timely disclosures of all events required under Regulation 30 have been made
  • All three companies reiterated their commitment to continued compliance with disclosure requirements
  • Companies stated they will immediately intimate any major/material events that may have bearing on operations or performance

Regulatory Changes

No regulatory changes announced. This circular documents routine compliance responses.

Compliance Requirements

  • Companies must respond to BSE surveillance queries regarding price and volume movements
  • Companies must continue to disclose all material events and price sensitive information under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Companies must inform the exchange immediately of any major/material events affecting operations, performance, or financial position

Important Dates

  • December 11, 2025: BSE issued surveillance query to Amkay Products Limited and Sheetal Cool Products Limited
  • December 12, 2025: BSE issued surveillance query to DCM Shriram Limited (at 10:24 AM)
  • December 12, 2025: All three companies submitted their responses

Impact Assessment

Minimal market impact. These are routine surveillance responses confirming compliance with existing disclosure requirements. No undisclosed material information was revealed. The responses indicate that recent price and volume movements in these scrips are attributed to normal market conditions rather than any company-specific developments. Investors should note that all material information about these companies has already been disclosed to the exchanges.

Impact Justification

Routine surveillance responses from companies confirming compliance with disclosure requirements and stating no undisclosed material events. No new material information or regulatory changes.