SHREE STEEL WIRE ROPES LTD. - Clarification On Price Movement

With reference to clarification sought by your good office pertaining to the movement in the price of the company scrip. We would like to draw your attention that we have timely dispensed all the necessary information/disclosures/ announcements of all the requisite/material events under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") with the BSE. We have timely disseminated all such information/ disclosures/ announcements which might have bearing on price movement of the companies'' scrip or which requires disclosure in accordance to regulatory requirement. The movement in the share price of the company is purely due to market conditions and is absolutely market driven and the Company is in no way connected with any such movement in price. Kindly take this on your records and oblige.