Panama Petrochem Limited has submitted a formal response to BSE Ltd.'s surveillance department regarding recent movement in the company's share price and trading volume. The communication is in response to BSE's email Letter No. L/SURV/ONL/PV/SJ/2026-2027/3973 dated June 22, 2026.
The company clarifies that it has been regularly sharing all information and announcements that may have a bearing on the operation and performance of the company, including all price-sensitive information, with the stock exchange. Panama Petrochem states that the movement in the company's share price is purely due to investors' perceptions based on information already disseminated to the stock exchanges.
The company explicitly states that it has not withheld any material information or event that would have a bearing on the price/volume behavior of the company's equity shares. Panama Petrochem reiterates that it has been regularly following and complying with all listing norms for disclosures and confirms that the company is in no way, directly or indirectly, involved in any increase of the price/volume of its equity shares across the exchanges.
The letter is digitally signed by Gayatri Sharma, Company Secretary & Compliance Officer, on June 23, 2026 at 10:00:00 +05:30. The company's corporate office is located at 40I Aza House, 24, Turner Road, Bandra (W), Mumbai 400 050, with CIN No. L23209GJI982PLC005062.