DCM Shriram Fine Chemicals Ltd Clarifies Regulatory Citation Error Regarding Credit Rating Information
DCM Shriram Fine Chemicals Ltd issued a clarification regarding its communication concerning its credit rating, bank facilities, and fixed deposits. The company addressed an error found in the regulatory citation mentioned in a letter dated April 08, 2026.The company specified that an incorrect reference was made to SEBI's regulations. The original communication mistakenly cited Regulation 30 read with Schedule II of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
The correction clarifies that the intended and proper reference was Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Stock Price Movement
DCM Shriram Fine Chemicals Ltd saw its shares dip on Monday, closing out at ₹22.26, reflecting a 2.88% drop. Throughout the day, the shares traded within a range, hitting a high of ₹22.89 and finding a low of ₹21.85.Source:
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