RIBA TEXTILES LTD. - Clarification

With reference to the Increase in Price, Riba Textiles Ltd has clarified to BSE as under:<br/><br/>"The stock/share is a market driven instrument and we have absolutely no knowledge of its going up or down. We inform you that neither Directors/Promoters nor any other person acting in concert has purchased or sold any share In the last few months. We may further inform you that neither there is any event which has a bearing on the operation/ performance of the company nor we have intimated any information/announcement to this effect."