Chemkart India Limited Clarifies Share Price Movement to BSE Under Regulation 30

1 min read     Updated on 10 Apr 2026, 10:58 PM
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AI Summary

Chemkart India Limited responded to BSE's price movement query on April 10th, 2026, clarifying that no material information has been withheld and attributing share price volatility to market conditions. The company, through CFO Basavaraj Dalawai, reaffirmed its commitment to SEBI LODR compliance and timely disclosure of material events.

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Chemkart India Limited has issued a clarification to BSE Limited regarding unusual price movement in its equity shares, responding to an exchange query dated April 9th, 2026. The company's response, signed by CFO Basavaraj Dalawai on April 10th, 2026, addresses concerns about sudden share price volatility.

Company's Response to BSE Query

In its formal response to BSE's surveillance query (reference no. L/SURV/ONL/PV/APJ/2026-2027/3618), Chemkart India Limited clarified that it maintains full compliance with SEBI Listing Obligations and Disclosure Requirements Regulations 2015. The company emphasized its commitment to promptly informing stock exchanges about all material events and information affecting its operations or performance.

Parameter: Details
Query Date: April 9th, 2026
Response Date: April 10th, 2026
BSE Reference No: L/SURV/ONL/PV/APJ/2026-2027/3618
Scrip Code: 544442
Signatory: Basavaraj Dalawai, CFO

Management's Position on Price Movement

The company management stated it is not aware of any specific reason causing sudden movement in the equity share price. Chemkart India Limited attributed the price volatility to market-driven factors and prevailing market conditions rather than any undisclosed corporate developments. The management explicitly clarified that it has no connection with the share price movement.

Regulatory Compliance Assurance

Chemkart India Limited reaffirmed its adherence to regulatory requirements under SEBI LODR Regulations 2015. The company assured that no material information or events that could impact share volume behavior have been withheld or are pending disclosure. Key compliance commitments include:

  • Timely disclosure of all material events
  • Strict adherence to Regulation 30 requirements
  • Prompt communication with stock exchanges
  • Transparent reporting of information affecting company performance

The company committed to keeping BSE duly informed of any future material information as required under applicable regulations. This clarification demonstrates Chemkart India Limited's proactive approach to regulatory compliance and transparent communication with market participants and regulators.

Historical Stock Returns for Chemkart

1 Day5 Days1 Month6 Months1 Year5 Years
+6.32%+41.82%+36.18%-35.33%-47.20%-47.20%

What specific market conditions or external factors could be driving the unusual price volatility in Chemkart India's shares?

Will BSE implement additional surveillance measures or monitoring protocols for Chemkart India following this price movement inquiry?

How might this price volatility and regulatory scrutiny impact Chemkart India's upcoming quarterly earnings or investor confidence?

Chemkart India Promoter Shailesh Mehta Acquires Additional 4,200 Equity Shares

1 min read     Updated on 26 Mar 2026, 09:46 PM
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Shailesh Vinodrai Mehta, promoter and director of Chemkart India Limited, acquired 4,200 additional equity shares worth ₹4.08 lakh through on-market purchase on BSE on March 25, 2026. This transaction increased his shareholding from 1.05% to 1.08%, representing a 0.03% increase in his stake in the company. The acquisition was disclosed to BSE on March 26, 2026, in compliance with SEBI insider trading regulations, demonstrating continued promoter confidence in the company.

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Chemkart India Limited has disclosed that its promoter Shailesh Vinodrai Mehta acquired additional equity shares of the company through an on-market purchase. The transaction was disclosed to BSE on March 26, 2026, in compliance with regulatory requirements under SEBI (Prohibition of Insider Trading) Regulations, 2015.

Transaction Details

The share acquisition transaction involved the purchase of 4,200 equity shares by Shailesh Vinodrai Mehta, who holds the position of Director and is classified as a promoter of the company. The transaction details are presented below:

Parameter: Details
Acquirer: Shailesh Vinodrai Mehta
Category: Promoter/Director
Shares Acquired: 4,200 equity shares
Transaction Value: ₹4.08 lakh
Transaction Date: March 25, 2026
Mode of Acquisition: On Market
Exchange: BSE

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in Mehta's shareholding in Chemkart India Limited. His stake in the company has increased from 1.05% to 1.08% of the total paid-up equity share capital.

Shareholding Details: Before Transaction After Transaction
Number of Shares: 1,26,607 1,30,807
Percentage Holding: 1.05% 1.08%
Change: - 0.03% increase

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company received the disclosure from the designated person under Regulation 7(2)(a) and subsequently informed BSE about the transaction. The disclosure was signed by CFO Basavaraj Dalawai on behalf of Chemkart India Limited.

Company Information

Chemkart India Limited operates with the tagline 'Ingredients, Simplified' and is incorporated under CIN L51220MH2020PLC338631. The company is headquartered in Mumbai and trades on BSE under scrip code 544442. The promoter's continued investment in the company's equity shares reflects ongoing confidence in the business operations and future prospects.

Historical Stock Returns for Chemkart

1 Day5 Days1 Month6 Months1 Year5 Years
+6.32%+41.82%+36.18%-35.33%-47.20%-47.20%

Will Shailesh Vinodrai Mehta continue increasing his stake in Chemkart India, and could this signal preparation for a larger strategic initiative?

How might this promoter confidence impact Chemkart India's ability to attract institutional investors or secure funding for expansion?

What upcoming business developments or market opportunities could be driving the promoter's decision to increase investment at this time?

More News on Chemkart

1 Year Returns:-47.20%