Syncom Formulations is trading 5.56% down at INR 17.50, after declining from INR 19.46 on September 11; no clearly reported company-specific catalyst directly explains the September 16 move.

  • Recent disclosures concern a September 23 dividend record date.
  • The September 30 AGM is also upcoming, but available company news does not establish a causal link to today’s decline.