Deepak Chemtex Ltd Clarifies Price Movement Unrelated to Company Announcements

Deepak Chemtex Ltd has issued a clarification regarding the price movement of its security at the stock exchange. The company stated that there is no additional information or impending announcement that may have a bearing on the price or volume behavior of its scrip. The company's management is not connected with any increase in price or volume. The increase is purely due to market conditions and is market-driven. The company has been regularly disseminating price-sensitive information as required.