StockWatch
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Packaging
Clarification19 Sept 2026, 05:40 pm

Promact Plastics Clarifies Share Price Movement

AI Summary

Promact Plastics Ltd responded to a clarification request from the exchange regarding its share price movement. The company stated that all material and price-sensitive information, as per SEBI Listing Regulations, has been disclosed within the stipulated time. It further confirmed that there is no pending information or announcement from the company that could influence the scrip's price behavior. Promact Plastics attributed the share price movement purely to market conditions, asserting that it is market-driven and the management is not connected to such fluctuations. The company reiterated its commitment to making applicable disclosures in a timely manner.

Key Highlights

  • Company responded to BSE clarification on price movement.
  • All material information has been disclosed timely.
  • No pending announcements affecting share price.
  • Price movement is purely market-driven.
  • Management is not connected to price fluctuations.