ADVANCE PETROCHEMICALS LTD. - Clarification With Regard To Spurt In Price

In response to the captioned subject matter, we wish to inform you that the Company has made all the necessary disclosures pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 and has not withheld any material information/event that, in our opinion, would have bearing on the price/volume behaviour in scrip. Further, we confirm that the movement in the share price is purely market driven and may be a combination of various factors including market conditions. The management of the company is in no way connected with the movement in the price of the shares.