New Swan Multitech Ltd - Clarification On Movement In Price Of Shares Of The Company

With reference to your letter No-L/SURV/ONL/PV/2024-2025/133 dated July 5, 2024 regarding clarification of movement in share price we hereby submit that the company has disclosed to the Stock exchange all the material information which has a bearing on operations/performance of company including all disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015 within the stipulated time. We hereby submit that we are not aware of reason of movement in price of our shares. The movement in the share price is purely market driven and may be combination of various factors including market conditions. You are requested to take the above information on record.