In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have been made aware that our name features in the sanctions list of ....
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Awaiting price reaction for this filing.
Shiv Texchem Ltd has informed BSE that its name appears on the United States Department of Treasury's sanctions list, allegedly for importing Iranian-origin petrochemical products. The company states it has not been contacted or informed directly by the US Treasury about this listing and is reaching out to seek clarification. The date of occurrence is October 9, 2025, and the disclosure was filed on October 13, 2025. The filing is made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a serious negative development. US Treasury sanctions can block the company from US dollar transactions, restrict dealings with US persons/entities, and disrupt its international supply chain, especially given its petrochemical trading business. Shareholders should expect sharp stock price volatility and trading risk until the company clarifies its status with US authorities.