Dishman Carbogen hits new low on rating downgrade, tanks 38% in 3 days
Rating agency India Ratings & Research downgraded the credit ratings outlook for long term and short term facilities of the company from "Stable" to "Rating Watch Evolving". Dishman Carbogen Amcis Ltd - 540701 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed herewith transcript of conference call arranged by the Company with Analyst & Investors, on Thursday, 26th December, 2019 to discuss business updates. Dishman Carbogen Amcis Ltd - 540701 - Announcement under Regulation 30 (LODR)-Credit Rating
We are submitting herewith the Credit Rating Outlook changed by India Ratings & Research Pvt. Ltd. ('Ind-Ra') from 'Stable' to 'Rating Watch Evolving' ('RWE'). The current rating of the company for Long Term Facilities is 'IND A+'(RWE) and Short Term Facilities is 'IND A1+' (RWE). Details of instrument wise rating is attached herewith. Dishman Carbogen Amcis Ltd - 540701 - Regulation 30 - Clarification Regarding Various News Articles Published In Today'S News Paper - Updates On Search Conducted By Income Tax Department
In respect of various news articles published in today's newspapers regarding search conducted by Income tax authority at the Company''s Offices and Manufacturing sites during 19th December, 2019 to 25th December, 2019 and alleged transactions, claims of deductions by the Company, transfer pricing issues, we would like to clarify that we have not received any official communication, letter or notice from Income tax department for any tax demand in this regards. We are therefore not in agreement with the alleged findings as mentioned in the newspaper articles/reports. Company has extended full co-operation to the officials during the search and provided all the information sought. We would further like to clarify that this has no impact on our routine operations.
Dishman Carbogen share price tanks 10% after I-T raid unveils unaccounted cash of Rs 160cr
The I-T department had carried out a major search-and-survey operation on multiple premises held by the pharma company on December 19. Dishman Carbogen Amcis Ltd - 540701 - Closure of Trading Window
We would like to inform that as per Code of Conduct for prevention of Insider Trading adopted by the Company under SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, the Trading Window for dealing in securities/ shares of the Company shall remain closed with effect from 1st January, 2020 for all the Directors, Designated Persons and their immediate relative(s). The Trading Window will be opened 48 hours after the announcement of the Un-Audited Financial Results of the Company for the quarter ended 31st December, 2019. Dishman Carbogen Amcis Ltd - 540701 - Update - Clarification Reply
With reference to your mail dated 26th December, 2019 with respect to clarification on Price Movement of the Company, pls. note that there has been a significant movement in price of security of the Company since few days due to search conducted by the Income-Tax Department at the Company''s Offices and Manufacturing sites. In this regard, pls. note that the officials of Income-Tax Department conducted search at the Company''s Offices and Manufacturing sites from 19th December 2019 to 25th December, 2019. In this regard, we would like to inform that as per Regulation 30 of the SEBI (LODR) Regulations, 2015, the Company has already intimated about the commencement of the said search on 19th December, 2019 and also intimated about the conclusion the said search on 26th December, 2019. The Company has always been fully compliant and inform to the Stock Exchanges of such information which is required under Regulation 30 of SEBI (LODR) Regulations, 2015. Dishman Carbogen Amcis Ltd - 540701 - Clarification sought from Dishman Carbogen Amcis Ltd
The Exchange has sought clarification from Dishman Carbogen Amcis Ltd on 26th December, 2019 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.The reply is awaited. Dishman Carbogen Amcis Ltd - 540701 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
This is to inform that pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Company has arranged Conference Call with Investors on today i.e. Thursday, 26th December, 2019 at 16.30 hrs (IST) to discuss business updates. The details of dial in numbers of Conference Call are attached herewith.
I-T dept concludes searches at Dishman Carbogen's offices; stock up 10%
The search operation was concluded on December 25.