Palco Metals Limited has issued a clarification to BSE regarding recent significant movements in its stock price and trading volume across exchanges. The company confirmed compliance with regulatory disclosure requirements while stating that no undisclosed price sensitive information is behind the recent market activity.

Regulatory Compliance Confirmation

In response to BSE letter reference L/SURV/ONL/PV/AJ/2025-2026/3265 dated 3rd January, 2026, Palco Metals confirmed its adherence to disclosure norms. The company stated it has been making prompt disclosures of all price sensitive information that have a bearing on operations and performance within stipulated timelines as per Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.

Stock Movement Clarification

Regarding the significant increase in volume and price of its securities in recent times across exchanges, the company provided clear guidance to investors:

Company Details and Communication

The clarification was signed by Mukesh Tiwari, Company Secretary and Compliance Officer (M.N. 45327), and submitted to BSE's Corporate Relation Department. The company operates from Saiprasad Industrial Park-II, Ramol, Ahmedabad, and trades on BSE under scrip code 539121 with ISIN INE239L01013.

Market Context

The company's response addresses exchange queries about unusual trading activity, a standard regulatory procedure when stocks experience significant price or volume movements. By confirming no undisclosed price sensitive information exists, Palco Metals has provided clarity to investors and market participants about the nature of recent trading activity in its securities.

Palco Metals Limited has announced its financial results for the second quarter of fiscal year 2026, ending September 30, 2025, revealing a mixed performance across its standalone and consolidated operations.

Standalone Performance

The company reported a standalone loss after tax of Rs. 9.08 lakhs for the quarter. This figure indicates a challenging period for the company's core operations.

Consolidated Results

On a consolidated basis, Palco Metals Limited posted a profit after tax of Rs. 33.56 lakhs. The positive consolidated performance was largely driven by its subsidiary, Palco Recycle Industries Limited, which contributed Rs. 42.64 lakhs to the group's profit.

Subsidiary Contribution

Palco Recycle Industries Limited, a key subsidiary of Palco Metals, played a crucial role in offsetting the parent company's standalone loss. The subsidiary's strong performance underscores the importance of diversified operations within the group.

Trading Window Closure

Following the announcement of these results, Palco Metals has implemented a trading window closure. This regulatory measure will remain in effect until November 17, 2025, and applies to designated persons' securities trading. This step is in line with standard corporate governance practices to prevent insider trading during sensitive financial periods.

Financial Highlights

Here's a breakdown of the key financial figures for Q2 FY2026:

The contrasting performances of the standalone entity and its subsidiary highlight the complexities within Palco Metals' business structure. While the parent company faced challenges, the strong performance of Palco Recycle Industries has helped maintain overall profitability at the group level.