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Corporate update

Southern Petrochemicals Industries Corporation: Plant Shutdown'

Southern Petrochemicals Industries Corporation (SPIC) filed a disclosure titled "Plant Shutdown'". The company is valued at about ₹1,267 crore.

BCEIE News Desk · Published 3 Oct 2026, 01:24 pm IST · Filing received 3 Oct 2026, 01:07 pm IST

What happened

Southern Petrochemicals Industries Corporation (SPIC) filed a disclosure with the exchanges on 3 October 2026 at 01:07 PM titled "Plant Shutdown'".

Company snapshot

Southern Petrochemicals Industries Corporation is a small-cap company, with a market value of about ₹1,267 crore.

The stock last traded at ₹62.23, against a 52-week range of ₹55.1–₹96.83 (35.7% below the high).

Before this filing the shares had moved −9.9% over the month and −9.3% over three months. Average daily turnover over the last 20 sessions was about ₹2.49 crore.

Promoters held 53.38% at the end of Q1 FY27. Foreign institutions owned 4.80% and domestic institutions 0.14%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2678166.73.28
Q2 FY2681761.23.01
Q3 FY2677454.12.66
Q4 FY2658429.51.45
Q1 FY2784960.22.96

What history shows

BCEIE has no earlier corporate update filing from this company on record since May 2026.

Market-wide, 46 corporate update filings with an impact score of 50 or more saw an average next-day move of −2.4%, with 24% rising.

Past reactions describe what happened before; they are not a forecast.

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.