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Clariant Chemicals (India): Reply To Your Communication Seeking Clarification On News Item (CNBC TV18)

We refer to your communication dated February 16 2021 seeking clarification upon the recent news item which appeared on the Channel CNBC TV18 dated February 16 2021 captioned Clariant chemicals is planning to buy 51 % stake in India glycols.
In this regard we would like to submit that Clariant Chemicals (India) Limited (hereinafter referred to as the Company) is not engaged in any discussions to acquire a stake in India Glycols.
The Company categorically states that the abovementioned news item is factually incorrect

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