DMCC clarifies no undisclosed info behind recent share price surge

DMCC Speciality Chemicals Ltd responded to a clarification request from the stock exchange regarding a significant increase in its security price. The company stated it is in full compliance with SEBI (LODR) Regulations, 2015, and has consistently informed the exchanges of all material and price-sensitive information. DMCC confirmed that there is no undisclosed price-sensitive information or any impending announcement/corporate action that could explain the recent price and volume behavior in its shares. The company attributed the movement in its share price and volume to purely market-driven factors and prevailing market conditions, over which it has no control or specific knowledge of the reasons. DMCC reiterated its commitment to promptly inform the exchanges of all material events as required by regulations.