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Clariant Chem
BSE: 506390NSE: CLNINDIAISIN: INE492A01029

6th-Dec-2019 17:31Source: BSE

Clariant Chemicals India - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

This intimation is given under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

One of our Promoters, Clariant Plastics & Coatings Limited, holding 33.20% of the paid up capital in the Company, have informed their customers that on January 1, 2020, Clariant''s Pigments business will transfer from Clariant Plastics & Coatings AG into a stand-alone organization under Colorants International AG, which is wholly owned by Clariant.

The said transfer is subject to necessary approvals, as may be required, from the global regulatory authority.

The Company will keep the regulatory bodies, authorities & the stakeholders updated on this matter.

Kindly take this intimation on record and acknowledge the receipt.

Board Meeting (Clariant Chem)

Meeting Date

Remark

2020-02-14

Quarterly Results

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