Prasol Chemicals appoints Kfin Technologies as registrar and transfer agent

scanx
Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Prasol Chemicals appointed Kfin Technologies Limited as Registrar and Share Transfer Agent
  • Disclosure made on September 16, 2026 to NSE and BSE exchanges
  • Move ensures compliance with SEBI LODR Regulation 7(1)
  • Kfin Technologies continues in the role from its Mumbai office
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Prasol Chemicals has appointed Kfin Technologies Limited as its Registrar and Share Transfer Agent. The company disclosed this appointment on September 16, 2026, to ensure compliance with regulatory requirements.

The firm notified both the National Stock Exchange of India Ltd and BSE Limited regarding the engagement. This action aligns with Regulation 7(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations), 2015.

Appointment Details

Kfin Technologies Limited is based in Mumbai. Its registered office is located at 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai.

Prasol Chemicals stated that Kfin continues to serve as the Registrar and Share Transfer Agent for the company. The disclosure was signed by Kiran Rajendra Agrawal, the Company Secretary and Compliance Officer.

Corporate Information

Investors can access further information on the company’s website at www.prasolchem.com . Prasol Chemicals operates manufacturing facilities in Navi Mumbai and Khopoli, Maharashtra.

Historical Stock Returns for Prasol Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.74%-0.74%-0.74%-0.74%-0.74%-0.74%

How might the reappointment of Kfin Technologies impact Prasol Chemicals' operational efficiency in share transfer processing?

Are there any pending regulatory compliance issues that prompted this specific disclosure under SEBI LODR Regulation 7(1)?

Could this administrative update signal upcoming corporate actions such as dividend payouts or bonus issues for shareholders?

Prasol Chemicals lists at ₹610 on NSE, below issue price of ₹676

scanx
Reviewed by
Shraddha JScanX News Team
Key Highlights
  • Prasol Chemicals lists on NSE at ₹610 per share
  • IPO issue price was set at ₹676 per share
  • Stock debuts at a discount to the offer price
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Prasol Chemicals Limited made its stock market debut on the NSE at ₹610 per share, falling short of its IPO issue price of ₹676 per share.

Listing performance at a glance

The listing reflects a discount to the issue price, as detailed below:

Parameter Details
Listing price ₹610 per share
IPO issue price ₹676 per share
Exchange NSE

Below-par debut for Prasol Chemicals

Prasol Chemicals listed at ₹610 per share on the NSE, against an issue price of ₹676 per share set during its initial public offering. The listing price represents a discount to the IPO issue price, indicating that the stock opened below the price at which investors subscribed to the offering.

Historical Stock Returns for Prasol Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.74%-0.74%-0.74%-0.74%-0.74%-0.74%

What specific market sentiments or sector-wide trends contributed to Prasol Chemicals listing below its issue price?

How might this below-par debut impact the company's future fundraising capabilities or valuation in secondary offerings?

Are there upcoming earnings reports or operational milestones that could serve as catalysts for the stock to recover and surpass the IPO price?

1 Year Returns:-0.74%