Paras Petrofils Limited Clarifies Recent Share Price Movement to BSE

1 min read     Updated on 04 Feb 2026, 12:37 PM
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Reviewed by
Suketu GScanX News Team
Overview

Paras Petrofils Limited responded to BSE's surveillance inquiry about recent share price movements, confirming full compliance with SEBI disclosure requirements and stating no pending price-sensitive information exists. The company attributed the price movement to market forces, clarifying management has no involvement in such movements, and reaffirmed its commitment to ongoing regulatory compliance under SEBI LODR Regulations 2015.

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*this image is generated using AI for illustrative purposes only.

Paras Petrofils Limited has issued a clarification to BSE Limited regarding recent movements in its equity share price, responding to a surveillance inquiry dated 01/02/2026. The company addressed concerns raised by the exchange's surveillance department about unusual price activity in its shares.

Regulatory Compliance Confirmation

The company confirmed its adherence to disclosure requirements under SEBI regulations. Key compliance aspects highlighted include:

Compliance Area: Status
Price Sensitive Information: Fully disclosed within timelines
Regulation 30 Requirements: Complied with all provisions
SEBI LODR Regulations 2015: All applicable disclosures made
Pending Information: None that may affect share price

Management's Position on Price Movement

Paras Petrofils management provided clear statements regarding the recent share price activity. The company emphasized that all events and information bearing on operations and performance have been disclosed to the stock exchange within stipulated timelines. The management confirmed there is no pending information, announcement, or development that may influence the price or volume behavior of equity shares.

Market-Driven Movement Attribution

The company attributed the recent price movement to market forces rather than any undisclosed corporate developments. Management clarified that they have no role or involvement in the share price movement, describing it as purely market-driven. This statement aims to address any concerns about potential insider trading or undisclosed material information.

Ongoing Compliance Commitment

Paras Petrofils reaffirmed its commitment to regulatory compliance going forward. The company stated it will continue to comply with disclosure obligations and make all applicable disclosures within prescribed timelines as required under SEBI LODR Regulations 2015. Company Secretary and Compliance Officer Pratibha Bhutra signed the clarification, emphasizing the company's dedication to transparency and regulatory adherence.

Historical Stock Returns for Paras Petrofils

1 Day5 Days1 Month6 Months1 Year5 Years
-4.98%+58.97%+27.18%+2.06%-13.29%+65.33%

Paras Petrofils Limited Approves Q1 FY2026 Unaudited Financial Results

2 min read     Updated on 13 Aug 2025, 06:00 PM
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Reviewed by
Ashish TScanX News Team
Overview

Paras Petrofils Limited's Board of Directors approved the unaudited financial statements for Q1 FY2026 on August 13, 2025. RMR & Co. Chartered Accountants conducted a limited review, finding no material misstatements and confirming compliance with applicable accounting standards and SEBI regulations. The results have been submitted to multiple stock exchanges including NSE, BSE, and Calcutta Stock Exchange.

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*this image is generated using AI for illustrative purposes only.

Paras Petrofils Limited , a company listed on multiple Indian stock exchanges, has announced the approval of its unaudited financial statements for the first quarter of the fiscal year 2026. The company's Board of Directors convened on August 13, 2025, to review and approve the financial results for the quarter ended June 30, 2025.

Board Meeting Details

The board meeting, which took place at the company's registered office, commenced at 3:30 PM IST and concluded at 3:59 PM IST. During this brief session, the directors reviewed and approved the unaudited standalone financial statements for Q1 FY2026.

Financial Review Process

As part of the financial reporting process, Paras Petrofils Limited engaged RMR & Co. Chartered Accountants to conduct a limited review of the quarterly results. CA Rohit Vijayvargia, a partner at the firm, served as the reviewing partner for this engagement.

Key Highlights of the Limited Review Report

The limited review report, dated August 13, 2025, provided several important insights:

  1. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410, as issued by the Institute of Chartered Accountants of India.
  2. The scope of the review was primarily limited to inquiries of company personnel and analytical procedures applied to financial data.
  3. The review process aims to provide moderate assurance that the financial statements are free of material misstatement.
  4. The auditors stated that nothing came to their attention that would cause them to believe that the financial results were not prepared in accordance with applicable accounting standards and other recognized accounting practices.
  5. The financial results were found to be in compliance with the disclosure requirements under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

In line with regulatory requirements, Paras Petrofils Limited has submitted these financial results to multiple stock exchanges where its securities are listed, including:

  • National Stock Exchange of India Ltd. (NSE)
  • BSE Limited (formerly Bombay Stock Exchange)
  • The Calcutta Stock Exchange Ltd.

Transparency and Disclosure

The company has demonstrated its commitment to transparency by promptly disclosing the outcome of the board meeting and making the financial results available to stakeholders. The unaudited financial statements and the limited review report have been made accessible on the company's website at www.paraspetrofils.in .

While specific financial figures were not disclosed in the available information, the approval of the quarterly results and the clean limited review report suggest that Paras Petrofils Limited continues to operate in compliance with regulatory standards and accounting practices.

Investors and stakeholders interested in detailed financial performance metrics are advised to refer to the full unaudited financial statements available on the company's website or through the respective stock exchange platforms.

Historical Stock Returns for Paras Petrofils

1 Day5 Days1 Month6 Months1 Year5 Years
-4.98%+58.97%+27.18%+2.06%-13.29%+65.33%

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1 Year Returns:-13.29%