CARYSIL LIMITED has informed the Exchange regarding 'Updates'.
CARYSIL · price
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Awaiting price reaction for this filing.
Carysil Limited clarified that recent US tariffs (50%) imposed on kitchen cabinets and bathroom vanities do not affect the company. The company states its core product, kitchen sinks, is not classified as a kitchen cabinet, and it has no exports of kitchen cabinets or bathroom vanities to the US. The clarification was issued in response to a media report that caused Carysil shares to fall up to 4% on September 25, 2025. The company confirmed this announcement will be posted on its website.
Positive for shareholders — the company confirms no direct exposure to the newly tariffed product categories, suggesting the 4% share price drop was an overreaction. However, indirect effects (broader kitchen equipment sentiment, secondary demand shifts) cannot be ruled out.