Escrow payment requirement does not apply to Scan Steels

Compliance View source PDF Explain this filing

SCANSTL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.1%Reaction day

₹46.52

prior close

₹45.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%+1.2% vs market

Iron & Steel peers, median of 10sector-3.2%+2.1% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 2.1 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1-2.3+1.2-3.2+2.1

Next day

-6.1-1.9-4.1-1.7-4.3

-7.8-0.2-7.5+0.1-7.9

-10.1pendingpending-1.1-9.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Scan Steels said the escrow payment reporting requirement does not apply because it has not issued any instruments and has no related arrangements under SEBI rules. No disclosure or submission is required.

Likely market impact

This is an administrative clarification with no direct change to the company’s finances, operations, or shareholder value.