Description
BSE circular containing clarifications from Shish Industries Limited and Amines & Plasticizers Limited regarding significant movement in their equity share prices.
Summary
BSE issued a circular containing clarifications from two companies - Shish Industries Limited (Security Code: 540693) and Amines & Plasticizers Limited (Security Code: 506248) - in response to BSE’s surveillance queries regarding significant movement in their equity share prices. Both companies confirmed they have no undisclosed material information and attributed the price movements to market-driven factors and general market conditions.
Key Points
- Shish Industries Limited confirmed compliance with Regulation 30 of SEBI LODR Regulations and disclosed no pending material information
- Company stated the price movement appears purely market-driven and attributable to general market conditions and investor sentiment
- Amines & Plasticizers Limited clarified no withheld information or price-sensitive information pending disclosure
- Both companies confirmed continued adherence to disclosure requirements under SEBI LODR Regulations 2015
- The clarifications were provided in response to BSE surveillance queries dated December 18, 2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Companies must respond to stock exchange surveillance queries regarding significant price movements
- Companies must confirm compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies must disclose if any material information, events, or pending announcements exist that may impact share price
- Ongoing requirement to promptly intimate stock exchanges of any material events or information
Important Dates
- December 18, 2025: BSE surveillance query sent to Amines & Plasticizers Limited
- December 18, 2025: Amines & Plasticizers Limited response date
- December 19, 2025: Shish Industries Limited response date
- December 19, 2025: Circular publication date
Impact Assessment
Market Impact: Low - These are routine clarifications with no new material information disclosed. Both companies confirmed no undisclosed events or announcements, indicating the price movements were due to normal market dynamics.
Investor Impact: Minimal - Investors receive confirmation that no material undisclosed information exists for these companies. The clarifications provide transparency but do not reveal any new substantive information affecting investment decisions.
Operational Impact: None - No operational changes or requirements for market participants. This is standard surveillance activity by BSE to ensure compliance with disclosure norms and market integrity.
Impact Justification
Routine clarifications on price movements with no material information disclosed; companies confirm no pending announcements or undisclosed events