Nature of the Event
This is a regulatory compliance disclosure submitted by Indo Count Industries Limited (ICIL) in response to clarifications sought by BSE Limited and The National Stock Exchange of India Ltd. regarding significant price movement in the company's securities.
Key Details
- The company received separate communications from both exchanges on 25th June, 2026:
- BSE Reference: L/SURV/ONL/PV/SJ/2026-2027/4003
- NSE Reference: NSE/CM/Surveillance/17173
- ICIL explicitly states that "there is no impending information or unpublished price sensitive information/event that has become due for disclosure to the stock exchanges" under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The company attributes any significant movement in its equity share price to being "market driven" rather than resulting from any company-specific undisclosed information.
Regulatory Compliance Statement
ICIL reaffirms its commitment to compliance with SEBI Listing Regulations, specifically noting:
- The company has "always been promptly making requisite disclosures pursuant to Regulation 30"
- Disclosures are made according to the "materiality policy & guidelines laid down by the Board of Directors of the Company"
- The company reiterates its adherence to the requirements laid down in Regulation 30
Financial Impact
No financial impact is mentioned or quantified in this disclosure. The communication is purely a regulatory response to price movement queries.