Dear Sirs,
Sub : Volume Verification letter
We refer to your letter no.L/SURV/IONL/PV/RS/2016-17/208 dated February 28, 2017 and our reply dated February 28, 2017 and your subsequent email dated February 28, 2017on the said matter.
We wish to clarify that :
(a) the Company constantly evaluates various opportunities and engages in various discussions. As and when any of these result in a reportable event, the Company shall make appropriate disclosures. As on date, to the best of the Companys knowledge and information, no such event has occurred; and (b) the Company is not aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading.
Yours faithfully
For Reliance Defence and Engineering Limited
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