With reference to the above noted subject. We would like to inform you that the Company has intimated from time to time to the BSE Ltd. of all the events, information etc. that has an impact on the operation and performance of the Company which include all price sensitive information as required to be disclosed under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.
The Company has not withheld any information or events which, in our opinion, would have an impact on the price behavior in the scrip of the Company. Therefore, the movement in the share price of the company is purely due to market conditions and absolutely market driven and the management of the company neither has any control nor has any knowledge of reasons for movement in price of shares.
We request you to take this as clarification to your letter and acknowledge the receipt.
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