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Syncom Formulations

SYNCOMF Share Price

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17.40

-0.06 (-0.34%)loss

as on 20 Aug 2025 at 15:29

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SYNCOMF News

Syncom Formulations Announces Dual Leadership Resignations of CFO and Whole-time Director

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Syncom Formulations (India) Limited announced the resignation of two key executives effective August 8, 2025. Shri Ankit Kedarmal Bankda resigned from his position as Chief Financial Officer, while Smt. Rinki Ankit Banka stepped down from her roles as Director and Whole-time Director. The company filed the disclosure on August 18, 2025, explaining that the delay in submitting resignation letters was due to internal processing and final settlement formalities with the departing executives. The resignations affect the company's senior management structure and board composition.

1 day ago
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Corporate Actions

DateCorporate ActionInformation
8th Aug 2025, Friday
QUARTERLY RESULT ANNOUNCEMENTStock Result
Q1 FY 25-26 Results
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19th May 2025, Monday
QUARTERLY RESULT ANNOUNCEMENTStock Result
Q4 FY 25-26 Results
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10th Feb 2025, Monday
QUARTERLY RESULT ANNOUNCEMENTStock Result
Q3 FY 24-25 Results
info
11th Nov 2024, Monday
QUARTERLY RESULT ANNOUNCEMENTStock Result
Q2 FY 24-25 Results
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9th Sept 2022, Friday
DIVIDENDDividend
Final Dividend of ₹0.03 Per Share

The above dates are ex-dates.

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What’s New In The Market
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Market Commentary

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The Nifty 50 index provisionally closed at 25,050.55, recording a gain of 69.9 points or 0.28%. Meanwhile, the Nifty Bank index provisionally closed at 55,698.5, showing a decline of 166.65 points or 0.3%.

2 hours ago

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SEBI Unfreezes Sanjiv Bhasin's Trading Accounts After Rs 1 Crore Deposit Following SAT Order

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SEBI has directed exchanges to unfreeze Sanjiv Bhasin's trading and demat accounts after he deposited Rs 1 crore with the regulator as ordered by the Securities Appellate Tribunal (SAT) on August 1. The SAT order came on Bhasin's appeal against SEBI's interim order that barred him from capital markets over alleged stock manipulation. SEBI had initially ordered impounding of unlawful gains worth Rs 11.37 crore in its June 17 interim order. The regulator alleged that Bhasin, while serving as IIFL director, manipulated stock prices by taking positions in securities through entities like Venus Portfolios, Gemini Portfolios, and HB Stockholdings before recommending the same stocks on media channels and IIFL's Telegram channel. SEBI found that his recommendations created significant impact on stock prices due to his large viewership, after which he would sell the securities for profit. The investigation covered the period from January 1, 2020 to June 12, 2024, triggered by three complaints received in September-October 2023.

2 hours ago

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BHP CEO Expresses Bullish Outlook on Copper, Stable Iron Ore Expectations

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BHP CEO Ragnar Udd expressed strong optimism for copper prices, citing robust global demand and balanced supply conditions with potential shortfalls. The company expects copper demand to surge from 32 million tonnes currently to 50 million tonnes by 2050, driven by urbanisation, decarbonisation, and digitisation. Iron ore outlook remains stable with prices expected around $100 per dry metric tonne, supported by sustained Chinese steel demand. BHP's Western Australian iron ore operations produce 290 million tonnes annually, generating $7 more free cash flow per tonne than nearest competitors, translating to nearly $2 billion additional cash yearly. The company reports limited US tariff exposure, with only 3% of revenue from the US market, while China's copper demand increased 8% over the past calendar year. Steel demand is projected to grow 0.6% annually, with China maintaining billion-tonne production before gradual decline in the 2040s. Udd highlighted India as an exciting growth market, noting its trajectory to become the fourth-largest economy with strong domestic consumption and labour availability.

3 hours ago

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Russian Embassy Offers 5% Discount on Russian Crude Oil to India

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The Russian Embassy in India has announced a 5% discount on Russian crude oil purchases. This pricing offer represents a direct diplomatic initiative to promote Russian oil sales to India.

5 hours ago

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Prismx Global Ventures' Statutory Auditors Resign Due to Professional Commitments

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M/s. Bansal Gourav & Associates, Chartered Accountants, resigned as Statutory Auditors of Prismx Global Ventures Limited on August 19, 2025. The auditors cited pre-occupation with other assignments and professional commitments as reasons for their inability to devote time to the company's affairs. They confirmed no other material reasons existed for their resignation. Prismx Global Ventures is in the process of appointing a new Statutory Auditor and will ensure compliance with regulatory requirements.

PRISMX

0.72

0.00
(0.00%) profit
6 hours ago

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Market Commentary

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Nifty 50 opened at 24965.8, down by 14.85 points or 0.06%. Nifty Bank opened at 55751.5, declining by 113.65 points or 0.2%.

8 hours ago

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Gold Drops to Near 3-Week Low as Dollar Strengthens Ahead of Fed Jackson Hole Symposium

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Gold prices declined to their lowest level in nearly three weeks as the U.S. dollar strengthened. Spot gold fell 0.1% to $3,312.79 per ounce, reaching its lowest since August 1, while U.S. gold futures dropped 0.1% to $3,355.20. The dollar index climbed to its highest level in over a week, making gold less affordable for international buyers. Investors are focused on Fed Chair Jerome Powell's upcoming speech at the Jackson Hole symposium (August 21-23) for monetary policy guidance. The Fed's July meeting minutes are expected to provide additional insights into policy direction. Interest rate futures indicate expectations for two 25 basis point rate cuts this year, with the first anticipated in September. Other precious metals showed mixed performance: silver remained steady at $37.35 per ounce, platinum gained 0.3% to $1,309.35, and palladium declined 0.4% to $1,110.50.

10 hours ago

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Market Commentary

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Gift Nifty opened at 25024.5, showing an increase of 14.0 points, representing a 0.06% change.

11 hours ago
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