NSEPrice movement23 Jun 2026 · 23 Jun 2026, 10:11 am
Price movement
Panama Petrochem Limited · PANAMAPET
✦ AI Summary
Panama Petrochem Limited received a query from the NSE regarding a significant price movement in its shares. The company clarified that it has regularly shared all material and price-sensitive information with the stock exchanges. It stated that the observed price movement is purely due to investors' perceptions based on already disseminated information and denied withholding any material events or being involved in the price/volume increase. The company reiterated its compliance with all listing norms.
Analysis Scores
Earnings Impact5/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment6/10
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Full Announcement
Significant movement in price has been observed in Panama Petrochem Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Panama Petrochem Limited has submitted their response.
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Corporate Office & Communication Address:
40I Aza House, 24, Turner Road, Bandra (W), Mumbai 400 050.
Website: www.panamapetro.com Phone : 9I-22-42I77777 I Fax : 9I-
22-42I77788 I E-mail : ho@panamapetro.com
CIN No. L23209GJI982PLC005062
To, June 23, 2026
Mr. Amit Shinde,
Chief Manager- Surveillance
National Stock Exchange of India Limited
Exchange Plaza,5th Floor, Plot No. C/1
G Block, Bandra-Kurla Complex
Bandra (E), Mumbai-400 051
Scrip Symbol: PANAMAPET
Subject: Clarification on Movement in Price
Dear Sir/Madam,
This is in response to your e-mail Letter No. NSE/CM/Surveillance/17144 dated June 22,
2026. In this regard, we would like to clarify that the Company has been regularly sharing
all information/announcements that may have a bearing on the operation/performance of
the company including all price sensitive information with the stock exchange. Further, we
wish to clarify that movement in price the Company’s shares is purely as per investors’
perceptions based on information already disseminated to the Stock Exchanges.
The Company has not withheld any material information/event that in our opinion, would
have a bearing on the price/volume behavior of our Company's equity shares.
It is reiterated that we have been regularly following and complying with all the listing
norms for disclosures and the Company is in no way, directly or indirectly, involved in any
increase of the price/volume of its equity shares across the Exchanges.
Kindly take the above submission on your record.
Thanking You,
Yours faithfully,
For Panama Petrochem Limited
Gayatri Sharma
Company Secretary & Compliance Officer