VASWANI INDUSTRIES LTD. - FOR CLARIFICATION ON PRICE MOVEMENT

With reference to your email dated 26th February, 2021, seeking clarification in the price movement of Company's securities across exchanges in recent past.<BR> In this regard, we are attaching herewith our clarification.<BR> Further, there is no pending information or announcement from the Company that have a bearing on the operation/performance of the Company. The fluctuation in the price of shares is a normal which is purely due to market conditions and other related factors.<BR> <BR> We hope the above clarifies and request you to kindly take the same on your records.