StockWatch
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Furniture, Home Furnishing
Clarification28 Sept 2026, 08:11 pm

Sham Foam Clarifies Price Movement; Promoter Acquires Shares

AI Summary

Sham Foam Ltd has responded to a BSE query regarding significant price movement in its stock. The company stated that it has complied with all disclosure requirements for events impacting operations. Notably, a promoter Director and a member of the promoter group acquired a total of 72,000 equity shares on September 25 and September 28, 2026, through open market transactions. The company confirmed that applicable disclosures for these acquisitions are being made and asserted that no other undisclosed events are influencing the stock's price behavior.

Key Highlights

  • Company clarifies stock price movement to BSE.
  • Promoter Director and group member acquired 72,000 shares.
  • Acquisitions made via open market transactions.
  • Company confirms compliance with disclosure norms.