Clarification to the email received regarding Price Movement.

Panama Petrochem Ltd responded to an email from BSE Surveillance regarding significant movement in its share price. The company clarified that it has consistently shared all material and price-sensitive information with the stock exchanges. It attributed the share price fluctuations solely to investors' perceptions based on publicly available information. The company affirmed that it has not withheld any material information and is not involved, directly or indirectly, in influencing its equity share prices or volumes.