HB ESTATE DEVELOPERS LTD. - Reply To The Clarification Sought On Price Movement

In reference to your e-mail ref. no. L/SURV/ONL/PV/SR/2022-2023/2450 dated 01st July, 2022 regarding Clarification on Price Movement, we would like to clarify that the Company has been regularly sharing all information/ announcements that may have a bearing on the operation/ performance of the Company including all price sensitive information with the Stock Exchange(s) as per the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The movement in the share price may be purely market driven and due to market conditions. Kindly take the above on record and oblige.