Chembond Material Technologies Clarifies Price Movement to Stock Exchanges

1 min read     Updated on 09 Apr 2026, 11:31 AM
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Chembond Material Technologies Limited issued clarifications to BSE and NSE on April 9, 2026, regarding recent price movements in its shares. The company responded to exchange queries from April 8, 2026, attributing price fluctuations to market-driven conditions. Management stated they have no control or knowledge of specific reasons behind the significant price movements and reaffirmed commitment to compliance with SEBI Regulation 30 and stock exchange disclosure requirements.

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Chembond Material Technologies Limited has responded to stock exchange queries regarding recent price movements in its shares, attributing the fluctuations to market-driven conditions. The company issued formal clarifications to both BSE Limited and National Stock Exchange of India Limited on April 9, 2026.

Stock Exchange Communications

The company addressed specific references from both major exchanges through official correspondence. The clarification was issued in response to queries received on April 8, 2026, from the surveillance departments of both exchanges.

Exchange Details: Information
BSE Scrip Code: 530871
NSE Scrip Code: CHEMBOND
Reference Date: April 8, 2026
Response Date: April 9, 2026

Management's Position on Price Movement

The management clearly stated that the price movement in the company's scrip is purely due to market conditions and is absolutely market driven. The company emphasized that management neither has control over nor possesses knowledge of specific reasons behind the significant price fluctuations.

This response indicates the company's position that external market forces, rather than any undisclosed corporate developments, are responsible for the recent trading activity in its shares.

Regulatory Compliance Commitment

Chembond Material Technologies reaffirmed its commitment to regulatory compliance and transparency. The company stated it has made and will continue to make all relevant disclosures in compliance with its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Compliance Points:

  • Adherence to SEBI Regulation 30 requirements
  • Compliance with stock exchange agreements
  • Commitment to ongoing disclosure obligations
  • Regular updates as amendments occur

Corporate Structure

The communication was signed by Suchita Singh, Company Secretary & Compliance Officer, representing the company formerly known as Chembond Chemicals Limited. The digital signature was authenticated on April 9, 2026, at 10:58:27 +05'30', confirming the official nature of the correspondence.

The clarification serves to address regulatory queries while maintaining the company's stance that recent price movements reflect normal market dynamics rather than any specific corporate actions or undisclosed information.

Historical Stock Returns for Chembond Material Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-2.47%+3.12%+5.93%-13.41%-55.64%+22.14%

What specific market conditions or sector trends might be driving the unusual price volatility in Chembond's stock?

Will Chembond consider implementing additional investor communication measures to address future market speculation?

How might this regulatory scrutiny impact Chembond's upcoming quarterly earnings disclosure strategy?

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Chembond Material Technologies Issues Notice for Transfer of Unclaimed Dividends to IEPF Authority

2 min read     Updated on 12 Mar 2026, 10:28 PM
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Chembond Material Technologies Limited has notified shareholders about the impending transfer of unclaimed dividends from FY 2018-19 to FY 2024-25 and related equity shares to IEPF Authority by August 2026. Shareholders have until August 25, 2026, to claim pending amounts through registrar MUFG Intime India Private Limited with proper KYC documentation. Post-transfer, claims can only be made directly from IEPF Authority following statutory procedures.

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Chembond Material Technologies Limited has issued a formal notice to shareholders regarding the mandatory transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) Authority. The communication, dated March 12, 2026, was sent to BSE Limited and concerned shareholders as part of regulatory compliance under SEBI listing regulations.

Regulatory Framework and Timeline

Under Section 124 of the Companies Act, 2013, and IEPF Rules 2016, the company is required to transfer unclaimed dividends and related equity shares to the IEPF Authority. The transfer process follows specific statutory timelines:

Parameter: Details
Transfer Due Date: August 2026
Claim Deadline: August 25, 2026
Affected Period: FY 2018-19 to FY 2024-25
Registrar: MUFG Intime India Private Limited

The statutory provisions mandate that dividend amounts remaining unclaimed for seven years must be transferred to IEPF. Additionally, equity shares on which dividends have not been claimed for seven consecutive years are also liable for transfer to the IEPF Authority.

Shareholder Action Requirements

Shareholders must submit their claims through MUFG Intime India Private Limited, the company's registrar and transfer agent, before the August 25, 2026 deadline. The documentation requirements vary based on the form of shareholding:

For Demat Shareholders:

  • Self-attested copy of Client Master List
  • Payment will be made electronically to registered bank account

For Physical Shareholders:

  • Investor Service Request Forms (ISR-1, ISR-2)
  • Form SH-13 (Nomination Form - optional)
  • Original cancelled cheque with account holder's name
  • KYC compliance documentation

KYC Compliance and Payment Processing

As per SEBI circulars, outstanding payments will only be credited to bank accounts if the folio is KYC compliant. A folio is considered compliant when it contains complete details including full address with pincode, mobile number, email ID, bank details, and valid PAN linked to Aadhaar for all holders.

Requirement: Physical Shares Demat Shares
KYC Forms: ISR-1, ISR-2, SH-13 Client Master List
Bank Proof: Original cancelled cheque Registered bank account
Identity Proof: PAN/Aadhaar (self-attested) As per demat records

Shareholders with nil equity shares but having unclaimed dividends must submit claims with cancelled cheque or passbook copies for processing.

Post-Transfer Recovery Process

Once dividends and shares are transferred to IEPF Authority, shareholders can only claim them directly from IEPF by following procedures outlined on the official website at www.iepf.gov.in . The company will not entertain any claims after the transfer is completed.

According to the November 18, 2025 SEBI circular, shareholders without complete and valid bank details registered against their folio will have future dividends retained in abeyance. This emphasizes the importance of maintaining updated KYC information for seamless dividend processing.

Historical Stock Returns for Chembond Material Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-2.47%+3.12%+5.93%-13.41%-55.64%+22.14%
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1 Year Returns:-55.64%