Shree Metalloys Clarifies Share Price Movement to BSE, Cites Market Forces
Shree Metalloys Limited responded to BSE surveillance inquiry regarding share price movement, stating no awareness of specific information influencing prices and attributing movement to market forces. The company reaffirmed regulatory compliance and confirmed no undisclosed price-sensitive information pending disclosure.
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Shree Metalloys Limited , a trader and stockist of ferrous and non-ferrous metals, has submitted a clarification to BSE Limited regarding recent movement in its equity share prices, stating that the company is not aware of any specific information or development that may have influenced the price movement.
Regulatory Clarification
In response to BSE's surveillance inquiry dated December 31, 2025, the company provided a comprehensive clarification addressing concerns about recent share price movements. The key points of the clarification include:
| Parameter: | Details |
|---|---|
| Reference Number: | L/SURV/ONL/PV/AJ/2025-2026/3250 |
| Date of Response: | December 31, 2025 |
| Signatory: | Rihanna Kunal Advani, Company Secretary |
| Membership Number: | A52819 |
The company explicitly stated that it is not aware of any information, event, development, or announcement, including any impending announcement, which may have bearing on the price movement of its equity shares. Management attributed the share price movement to purely market-driven factors.
Compliance Confirmation
Shree Metalloys reaffirmed its commitment to regulatory compliance, confirming that the company has been adhering to all applicable provisions of Regulation 30 of the SEBI (LODR) Regulations, 2015. The company emphasized that it has disclosed all material information to the stock exchange from time to time as required.
The management confirmed that there is no undisclosed price-sensitive information or any pending announcement which requires disclosure at the current stage. This statement provides transparency to investors and regulatory authorities regarding the company's current operational status.
Company Background
Shree Metalloys Limited operates primarily in the trading of ferrous and non-ferrous metals segment. The company's registered office is located at 103, 1st Floor, Sun Square, Next to Hotel Regenta, Off C.G. Road, Navrangpura, Ahmedabad-380009, Gujarat, India. The company maintains its commitment to regulatory transparency and timely disclosure of material information to stakeholders.
The clarification was signed by Rihanna Kunal Advani, Company Secretary and Compliance Officer, demonstrating the company's formal approach to regulatory communication and compliance with stock exchange requirements.
Historical Stock Returns for Shree Metalloys
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | -0.20% | +55.40% | +41.90% | +17.60% | +289.89% |
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