GTN INDUSTRIES LTD. - Submission Of Reply To The Clarification Sought By The Stock Exchange With Reference To The Significant Movement In The Price Of The Security Of The Company

In context to the aforesaid subject and in response to your announcements seeking clarification from the Company regarding significant movement in the price of the security across exchanges, we hereby confirm that there are no such material information/ disclosure which are of price-sensitive and which may result in spurt in the price and volume of the Company's share which the Company has failed to disclose to the Stock Exchanges in recent past. The Company has been diligently disclosing all the material information to various stakeholders and have been duly complying with Regulation 30 of SEBl (Listing Obligation and Disclosure Requirement) Regulation 2015, in past and confirm to disclose any material information required to be disclosed as and when it is required. Therefore, whatever the price movement of the Company shares in the exchanges, could be a result of good performance and positive financial results of the Company.