Scan Projects Limited Clarifies Recent Trading Volume Surge as Market-Driven Activity

1 min read     Updated on 25 Mar 2026, 10:56 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Scan Projects Limited clarified to BSE that the recent significant increase in its securities' trading volume appears market-driven, with no undisclosed price-sensitive information. The company reaffirmed compliance with SEBI Listing Regulations and timely disclosure practices. Company Secretary Satish Kumar submitted the clarification on March 25, 2026, in response to BSE's inquiry dated March 24, 2026.

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Scan Projects Limited has clarified to the Bombay Stock Exchange (BSE) that the recent significant increase in trading volume of its securities appears to be purely market-driven, with no undisclosed material information contributing to the activity. The company submitted its response on March 25, 2026, addressing BSE's inquiry regarding the unusual trading patterns.

Regulatory Compliance and Disclosure

The company emphasized its adherence to regulatory requirements in its communication to BSE. Scan Projects stated that it has been making timely disclosures of all events and information that may impact its operations or performance, including all price-sensitive information, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Position on Trading Activity

In its clarification, Scan Projects confirmed that to the best of its knowledge and information, there is no event, information, or announcement, including any impending announcement, that requires disclosure under the Listing Regulations and could influence the price or volume behavior of its scrip.

Parameter: Details
Reference Date: March 25, 2026
BSE Inquiry Date: March 24, 2026
Scrip Code: 531797
Scrip ID: SCANPRO
Communication Reference: SCAN/BSE/COM/065/2025-26

Management Response

The clarification was signed by Satish Kumar, Company Secretary cum Compliance Officer (Membership No: A24275), who digitally signed the document on March 25, 2026. The company requested BSE to take the clarification on record, reaffirming its commitment to transparency and regulatory compliance.

Corporate Information

Scan Projects Limited, with CIN L29253HR1992PLC031576, operates from its registered office in Village Kanjnu, Tehsil Radaur, Yamuna Nagar, Haryana. The company maintains its commitment to providing timely and accurate information to stakeholders and regulatory authorities as required under applicable regulations.

Historical Stock Returns for Scan Projects

1 Day5 Days1 Month6 Months1 Year5 Years
+2.88%+13.38%+21.09%+50.78%+93.30%+3,522.08%

What factors could be driving the unusual market interest in Scan Projects' securities despite no material announcements?

Will SEBI or BSE implement additional monitoring measures for Scan Projects following this trading volume spike?

How might this increased market attention affect Scan Projects' future capital raising or strategic initiatives?

Scan Projects Limited Files Joint Company Petition with NCLT for Merger Scheme

1 min read     Updated on 12 Mar 2026, 06:16 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Scan Projects Limited has filed a joint company petition with NCLT Chandigarh for a merger scheme where it will serve as the transferee company and Chandrapur Industry Private Limited as the transferor. The merger received board approval from both companies on 18 September 2025, and the application was filed with NCLT on 11 March 2026 under case number 0404116/00574/2026.

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Scan Projects Limited has filed a joint company petition with the Hon'ble National Company Law Tribunal (NCLT) for a merger scheme, as disclosed in a regulatory filing dated 12 March 2026. The company has informed BSE Limited about this significant corporate development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Merger Structure and Approval

The merger scheme involves Scan Projects Limited as the transferee company and Chandrapur Industry Private Limited as the transferor company. The proposed merger received approval from the board of directors of both companies during their meeting held on 18 September 2025.

Parameter: Details
Transferee Company: Scan Projects Limited
Transferor Company: Chandrapur Industry Private Limited
Board Approval Date: 18 September 2025
NCLT Filing Date: 11 March 2026
Application Number: 0404116/00574/2026

NCLT Filing Details

The application related to the merger has been uploaded with the NCLT bench Chandigarh on 11 March 2026. The case has been assigned application number 0404116/00574/2026. This filing represents a crucial step in the merger process, as NCLT approval is mandatory for corporate mergers and amalgamations in India.

Company Information

Scan Projects Limited, formerly known as Ambala Cements Limited, is headquartered in Yamuna Nagar, Haryana. The company trades on BSE Limited under scrip code 531797 with scrip ID SCANPRO. The regulatory disclosure was signed by Satish Kumar, Company Secretary and Compliance Officer (ACS-24275), ensuring compliance with listing obligations.

Regulatory Compliance

The intimation to BSE Limited demonstrates the company's adherence to regulatory requirements under SEBI's listing regulations. Such disclosures are essential for maintaining transparency with stakeholders and ensuring proper market communication regarding material corporate actions that may impact shareholder interests.

Historical Stock Returns for Scan Projects

1 Day5 Days1 Month6 Months1 Year5 Years
+2.88%+13.38%+21.09%+50.78%+93.30%+3,522.08%

More News on Scan Projects

1 Year Returns:+93.30%