Shahlon Silk Industries Clarifies Price Movement to BSE, States No Unpublished Price Sensitive Information

1 min read     Updated on 19 Jan 2026, 03:34 PM
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Ashish TScanX News Team
Overview

Shahlon Silk Industries Limited submitted a clarification to BSE on January 19, 2026, regarding recent share price movement, confirming no unpublished price sensitive information exists. The company attributed price movement to market-driven factors and reaffirmed compliance with SEBI disclosure requirements under Regulation 30.

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Shahlon Silk Industries Limited has responded to BSE's surveillance inquiry regarding recent price movement in its shares, clarifying that the company maintains full compliance with disclosure requirements and has no unpublished price sensitive information.

Regulatory Compliance Confirmation

In its clarification dated January 19, 2026, the company addressed BSE's email reference L/SURV/ONL/PV/APJ/2025-2026/870 seeking explanation for price movement. The textile company confirmed it has been making timely disclosures of all events and information bearing on operations and performance, including price sensitive information, within stipulated timelines pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Scrip Code: 542862
Reference Date: January 19, 2026
Regulation: SEBI LODR Regulation 30
Signatory: Hitesh Garmora, Company Secretary

Price Movement Attribution

The company explicitly stated it has no unpublished price sensitive information or pending announcements that could influence share price behavior. Shahlon Silk Industries emphasized that the movement in share price is purely market driven and may result from a combination of various factors including prevailing market conditions. The management clarified that the company is not connected with the price movement in its shares.

Ongoing Disclosure Commitment

The textile manufacturer reaffirmed its commitment to regulatory compliance, stating it will continue adhering to disclosure requirements under SEBI regulations. The company assured BSE that it will keep the stock exchange informed of all price sensitive information as and when it arises in the future.

Company Secretary Hitesh Garmora (Membership No. ACS 16160) digitally signed the clarification, which was submitted to BSE's surveillance department at P.J. Towers, Dalal Street, Mumbai. The response demonstrates the company's proactive approach to regulatory communication and transparency with market participants.

Historical Stock Returns for Shahlon Silk Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.58%+63.74%+47.99%+45.45%+48.07%+98.86%
Shahlon Silk Industries
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Shahlon Silk Industries Withdraws CRISIL Credit Rating for Bank Loan Facilities

1 min read     Updated on 31 Dec 2025, 05:58 PM
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Reviewed by
Naman SScanX News Team
Overview

Shahlon Silk Industries has notified BSE about CRISIL Ratings Limited withdrawing the credit rating for its bank loan facilities on December 31, 2025. The withdrawal was initiated at the company's request and communicated under SEBI Regulation 30 compliance requirements. The company provided CRISIL's withdrawal letter to the stock exchange for official record, following an earlier communication from September 30, 2025.

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Shahlon Silk Industries has officially notified BSE Limited regarding the withdrawal of its credit rating by CRISIL Ratings Limited. The textile company submitted this intimation on December 31, 2025, in compliance with regulatory disclosure requirements.

Rating Withdrawal Details

The company informed the stock exchange that CRISIL has withdrawn the rating assigned to Shahlon Silk Industries' bank loan facilities. This action was taken at the specific request of the company, as stated in the official communication.

Parameter: Details
Rating Agency: CRISIL Ratings Limited
Withdrawal Date: December 31, 2025
Facilities Affected: Bank loan facilities
Request Initiated By: Company
Previous Communication: September 30, 2025

Regulatory Compliance

The intimation was submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Hitesh Garmora signed the communication digitally on December 31, 2025, ensuring proper documentation and compliance with regulatory requirements.

Documentation Provided

Shahlon Silk Industries attached a copy of the withdrawal letter dated December 31, 2025, issued by CRISIL to support their intimation. The company requested BSE to take this information on record, following standard disclosure procedures for listed entities.

The communication references an earlier correspondence dated September 30, 2025, indicating this withdrawal process may have been initiated earlier in the year. The company maintains its registered and corporate office at Plot no. 5, C.S. Nondh No. 451/A, R.S. No. 33/1 paiki, Nr. Narendra Dyeing Mill, B/h. Old Sub-Jail, Khatodara, Ring Road, Surat-395002, Gujarat.

Historical Stock Returns for Shahlon Silk Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.58%+63.74%+47.99%+45.45%+48.07%+98.86%
Shahlon Silk Industries
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