Chandrima Mercantiles Limited has clarified a significant movement in its share price, responding to an inquiry from the stock exchange.

The company states it has no undisclosed price-sensitive or material information that would explain the recent fluctuations.

It confirms all necessary disclosures have been made.

Chandrima Mercantiles asserts there are no current events or announcements requiring reporting to the stock exchange and attributes the share price volatility to natural, market-driven factors.