Deepak Chemtex Limited has issued a comprehensive clarification to BSE Limited regarding recent price and volume movements in its stock, responding to the exchange's surveillance inquiry dated April 08, 2026.

Company's Response to BSE Inquiry

The company addressed BSE's letter seeking clarification on the recent price movement of its securities. Deepak Chemtex Limited clearly stated that there is no additional information or pending announcements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that could impact the stock's price or volume behavior.

Management's Position on Stock Movement

The company's management explicitly distanced itself from any connection to the recent increase in price or volume of the company's stock. According to the official clarification letter, the management emphasized that they are not involved in any activities that could influence the stock's market performance.

The company attributed the recent stock price and volume movements entirely to prevailing market conditions, describing them as "absolutely market driven." This statement reinforces that the price movements are a result of natural market forces rather than any company-specific developments.

Digital Authentication and Contact Details

The official response was digitally signed by Saurabh Deepak Arora on April 08, 2026, at 19:13:00 +05'30', ensuring the authenticity of the communication. The company maintains transparency through its official contact channels, including email at saurabh@deepakchemtex.in and website www.deepakchemtex.in .

Regulatory Compliance Commitment

Deepak Chemtex Limited reaffirmed its commitment to regulatory compliance by stating that it has been regularly disseminating price-sensitive information as required under SEBI regulations. The company emphasized its adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring timely disclosure of material information to investors and exchanges.

The clarification was submitted to BSE's Surveillance Department at Phiroze Jeejeebhoy Towers, Mumbai, demonstrating the company's proactive approach to addressing exchange inquiries and maintaining transparency with regulatory authorities.

Deepak Chemtex Limited has announced significant changes to its board of directors, appointing two new independent directors while bidding farewell to two outgoing members. The company, listed on the BSE SME platform, made these changes effective July 27, 2025.

New Appointments

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has appointed Mrs. Daya Amit Bansal (DIN: 10619274) and Mr. Manish Kankani (DIN: 07777901) as Additional Directors (Independent) of the company. Both appointments are subject to shareholder approval at the upcoming general meeting or through postal ballot.

Mrs. Daya Amit Bansal

Mrs. Bansal, a Chartered Accountant since 2011, brings 13 years of experience to the board. Her expertise spans audit and assurance, tax and tax litigation, and RERA (Real Estate Regulatory Authority) matters. Additionally, she is qualified in Concurrent Audit of Banks (2021) and has completed the Social Auditors Certification Examination (2023).

Mr. Manish Kankani

Mr. Kankani, a practicing Chartered Accountant, contributes 10 years of experience in auditing, taxation, and financial advisory. He specializes in the regulatory framework governing Non-Banking Financial Companies (NBFCs) and has a strong track record in statutory, internal, and tax audits. His expertise extends to financial analysis, risk assessments, and liaison with regulatory authorities.

Terms of Appointment

Both Mrs. Bansal and Mr. Kankani have been appointed for a term of five consecutive years, from July 27, 2025, to July 26, 2030. Their positions are not liable to retire by rotation.

Outgoing Directors

Simultaneously, the company announced the departure of two independent directors:

1. Mr. Gautam Lath (DIN: 10198794)
2. Mrs. Pinki Kedia (DIN: 08455451)

Both Mr. Lath and Mrs. Kedia have completed their terms as Independent Directors and ceased to hold their positions effective from the close of business hours on July 27, 2025.

Compliance and Disclosures

Deepak Chemtex Limited has confirmed that the new appointees, Mrs. Bansal and Mr. Kankani, are not related to any existing directors, key managerial personnel, or promoters of the company. Furthermore, the company has stated that neither of the new directors is debarred from holding directorship positions by any SEBI order or other authority.

These board changes align with the company's commitment to maintaining strong corporate governance practices and bringing fresh perspectives to its leadership team. The diverse experience of the new independent directors is expected to contribute significantly to Deepak Chemtex's strategic direction and oversight.