Nature of Query:
The company received separate queries from both BSE and NSE on 8th October 2026 regarding movement in its share price:
- BSE email reference: L/SURV/ONL/PV/SJ/2026-2027/4362 dated 8th October, 2026
- NSE letter and email reference: NSE/CM/Surveillance/17676 dated 8th October, 2026
Both exchanges sought the company's response regarding the price movement.
Company Response / Clarification:
India Glycols Limited stated that except for information already disclosed to stock exchanges from time to time, there is no material information, announcement, or event pertaining to the company that remains undisclosed. The company specifically confirmed it is not aware of any specific reason for the movement in its share price and attributed the movement to market-driven factors rather than company-specific developments.
Regulatory Reference / Compliance:
The company explicitly referenced compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"). The response affirms the company's commitment to comply with all applicable regulatory requirements and confirms continued adherence to disclosure obligations for material and price-sensitive information as required under SEBI Listing Regulations.
Analyst Perspective / Material Implications:
No material implications disclosed. The company's response indicates no underlying operational or strategic developments driving the price movement. The clarification serves primarily to maintain regulatory compliance and provide transparency to investors regarding the absence of undisclosed price-sensitive information.