Description

Company clarifies there is no undisclosed price sensitive information regarding recent price movement, attributing it to market conditions beyond its control.

Summary

Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited) submitted a clarification to BSE in response to a surveillance query dated January 23, 2026, regarding significant price movement in the company’s security. The company confirmed that all necessary disclosures have been made in compliance with SEBI Listing Regulations and that there is no undisclosed price sensitive information. The company attributes the share price movement to market conditions beyond its control.

Key Points

  • Response to BSE surveillance query L/SURV/ONL/PV/AJ/2025-2026/3302 dated January 23, 2026
  • Company confirms compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
  • All material disclosures have been made in a timely and transparent manner
  • No undisclosed price sensitive information exists that requires intimation to stock exchanges
  • Price movement attributed entirely to market conditions beyond company control
  • Company will continue to adhere to SEBI Listing Regulations, 2015
  • Scrip Code: 506390

Regulatory Changes

No regulatory changes introduced. This is a routine compliance response.

Compliance Requirements

No new compliance requirements. The circular reaffirms the company’s adherence to existing regulations:

  • Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Timely disclosure of all price sensitive information and material events

Important Dates

  • January 23, 2026: BSE surveillance query issued
  • January 27, 2026: Company’s clarification submitted to BSE

Impact Assessment

Market Impact: Minimal. This is a standard clarification that does not reveal any new material information or concerns.

Company Impact: Routine regulatory compliance matter. The clarification is defensive in nature, confirming the company has met its disclosure obligations.

Investor Impact: No action required. The clarification confirms that recent price movements are market-driven and not based on any undisclosed information, providing transparency to investors concerned about the price volatility.

Impact Justification

Routine clarification to exchange surveillance query confirming no undisclosed material information; no action required from market participants