Description

Sudarshan Colorants India Limited clarifies that no undisclosed price sensitive information exists and that recent share price movement is driven by market conditions beyond the company's control.

Summary

Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited) submitted a clarification to BSE on January 27, 2026, in response to a surveillance query about significant price movement in the company’s securities (Scrip Code: 506390). The company confirmed that all necessary disclosures have been made in compliance with SEBI Listing Regulations 2015, and no undisclosed price sensitive information exists. The company stated that the share price movement is driven by market conditions beyond its control.

Key Points

  • BSE raised surveillance query on January 23, 2026 (Ref: L/SURV/ONL/PV/AJ/2025-2026/3302) regarding significant price movement
  • Company confirms full compliance with Regulation 30 of SEBI Listing Regulations 2015
  • All necessary disclosures have been made in a timely and transparent manner
  • No price sensitive information pending disclosure to stock exchanges
  • Price movement attributed to market conditions beyond company’s control
  • Company secretary Adwait Joshi signed the clarification

Regulatory Changes

No regulatory changes introduced. This is a routine compliance response to stock exchange surveillance.

Compliance Requirements

  • Company continues to adhere to Regulation 30 of SEBI Listing Regulations 2015 for disclosure of material events and price sensitive information
  • Company maintains ongoing obligation to disclose all events bearing on operations/performance in timely manner

Important Dates

  • January 23, 2026: BSE issued surveillance query
  • January 27, 2026: Company submitted clarification response

Impact Assessment

Market Impact: Minimal. This is a standard clarification confirming no undisclosed material information exists. Such responses are common when stock exchanges observe unusual price movements and are part of routine surveillance mechanisms.

Operational Impact: None. No operational changes or actions required.

Investor Impact: Provides reassurance that company is compliant with disclosure requirements and no material information is being withheld from the market. The clarification confirms that recent price volatility is due to market dynamics rather than undisclosed company-specific developments.

Impact Justification

Routine clarification in response to BSE surveillance query regarding price movement. No new material information disclosed or regulatory action required.