Archean Chemical Clarifies Exchange Volume Movement Query

Company Response

Archean Chemical Industries Limited states that:

• The company is in full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• All events and information with bearing on company operations or performance have been promptly disclosed to stock exchanges
• No undisclosed price-sensitive information exists that requires disclosure at this time
• No impending announcements or corporate actions need to be informed to the exchanges
• The movement in trading volume appears to be purely market driven

Future Commitment

The company affirms it will continue to promptly inform exchanges of all material events/information/actions as required under SEBI (LODR) Regulations 2015.

Financial Impact

No financial impact quantified in the disclosure. The company characterizes the volume movement as market-driven rather than resulting from company-specific developments.