StockWatch
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Plastic Products - Industrial
Clarification28 Apr 2026, 10:50 am

Shaily Engineering clarifies price movement is market driven

AI Summary

Shaily Engineering Plastics Ltd responded to BSE and NSE regarding a significant movement in its share price. The exchanges had sought clarification on any information or impending announcements that could influence the price/volume behavior of the company's scrip. Shaily Engineering confirmed that the movement in its share price is purely market-driven. The company also affirmed its compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, and stated that there are no further material events requiring disclosure beyond what has already been made public.

Key Highlights

  • Shaily Engineering received a query from BSE/NSE regarding recent share price volatility.
  • Company stated that the share price movement is purely market-driven.
  • Confirmed compliance with SEBI (LODR) Regulation 30.
  • No undisclosed material events are currently pending.