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Kitex Garments informs about clarification

14 Aug 2025 Evaluate

Kitex Garments has informed that the recent tariff hikes implemented by the United States of America are having a negative impact to Indian capital market specifically to export oriented companies including Kitex Garments. As the Company is engaged in the export of garments to the US market, these tariff changes are influencing trade dynamics. Hence the aforesaid reason contributed to the continuous downward trend in the market price of the security of the Company once the tariff decision was announced by USA. The latest news on upcoming summit between US and Russia on August 15, 2025 is widely considered a critical moment in international diplomacy and has given a fillip to the export oriented companies including our Company on the expectation of a positive outcome. The Company is not aware of any other information that led to the movement in the volume of the shares of the Company. Also, the Company has in the past made timely disclosure under Regulation 30 of the Listing Regulations, and will continue to

The above information is a part of company’s filings submitted to BSE.

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