Description

Two companies (Shish Industries Limited and Amines & Plasticizers Limited) provided clarifications to BSE regarding significant price movements in their securities, stating no undisclosed material information exists.

Summary

BSE issued clarifications from two companies responding to exchange queries about significant price movements in their securities. Shish Industries Limited (Security Code: 540693) and Amines & Plasticizers Limited (Security Code: 506248) both confirmed they have no undisclosed material information and attributed the price movements to market-driven factors and general investor sentiment.

Key Points

  • Shish Industries Limited confirmed compliance with Regulation 30 of SEBI LODR Regulations
  • Company stated no pending announcements or undisclosed material events affecting share price
  • Price movement attributed to general market conditions and investor sentiment
  • Amines & Plasticizers Limited provided similar clarification dated December 18, 2025
  • Both companies confirmed no withheld price-sensitive information
  • Companies assured continued adherence to disclosure requirements under SEBI regulations

Regulatory Changes

No regulatory changes introduced. This circular represents routine compliance with existing Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Requirements

  • Companies must respond to stock exchange queries regarding unusual price/volume movements
  • Listed entities must promptly disclose material events and price-sensitive information under Regulation 30
  • Companies must confirm compliance status when requested by stock exchanges
  • Ongoing obligation to make timely disclosures of material information affecting operations, performance, or share prices

Important Dates

  • December 19, 2025: Shish Industries Limited clarification letter date
  • December 18, 2025: Amines & Plasticizers Limited clarification letter date
  • December 18, 2025: BSE surveillance query sent to Amines & Plasticizers (Ref No. L/SURV/ONL/PV/AJ/2025-2026/3226)

Impact Assessment

Market Impact: Minimal. These are routine clarifications confirming no undisclosed material information exists. The circulars provide transparency but do not reveal new information that would affect trading decisions.

Operational Impact: No operational changes required. Companies confirmed existing compliance processes are functioning properly.

Investor Impact: Low. Investors are informed that recent price movements in these securities are market-driven rather than based on undisclosed company-specific developments. This provides reassurance about disclosure compliance but offers no new fundamental information about the companies.

Impact Justification

Routine clarifications with no new material information disclosed; companies confirmed compliance with disclosure norms and attributed price movements to market conditions