Ushanti Colour Chem Limited has responded to an inquiry from the National Stock Exchange of India Limited (NSE) regarding unusual movements in the company’s share price. In a formal response dated 13th March 2025, the company clarified that it has no undisclosed material events that could have influenced the stock’s price fluctuations.

Company’s Response to NSE’s Inquiry

The inquiry, referenced under NSE/CM/Surveillance/15267, was issued by NSE on 12th March 2025, seeking clarification on the price movement of Ushanti Colour Chem’s equity shares. In response, the company stated that it remains fully compliant with SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Ushanti Colour Chem reaffirmed that it has always promptly disclosed any material events or information that could impact the company's operations or financial performance. The management assured that no information has been withheld or is pending disclosure.

Clarification on Share Price Volatility

Addressing the share price volatility, the company emphasized that:

• It is not aware of any specific reasons for the sudden movement in stock price.
• The fluctuations are market-driven and influenced by prevailing economic conditions.
• The management has no role in influencing the price movement of the company’s equity shares.

The company further stressed its adherence to Regulation 30 of SEBI (LODR) Regulations, ensuring continuous transparency in its operations and reporting.

Commitment to Regulatory Compliance

Ushanti Colour Chem has reassured investors and stakeholders of its commitment to transparent financial reporting and regulatory compliance. The company has pledged to keep NSE and the public informed about any significant developments, in accordance with SEBI's guidelines.

The response aims to clarify investor concerns and reiterate that the recent stock movements are independent of any internal company actions.

For further details, stakeholders and investors can refer to official disclosures on the NSE platform.

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