Colorchips: No Material Info to Disclose on Price Movement

Colorchips New Media Ltd received an inquiry from the stock exchange regarding unusual price movement in its shares. In response, the company stated that as of the current date, there is no material information or event impacting its operations or performance that requires disclosure under SEBI Regulation 30. The company further clarified that it cannot comment on the share price movement, as its shares are freely traded on the stock exchange. It reaffirmed its commitment to comply with all regulatory disclosure requirements.