With reference to your email dated February 25, 2022, seeking clarification in respect of the price movement on BSE in the recent past.
With reference to clarification sought by the Stock Exchange from the Company in respect to the price movement/volume behavior in the scrip, as per provisions to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby wish to inform you that there is no pending information or announcement that may have a bearing on the operation / performance of the Company.
Therefore, the price movement/ volume behavior in the scrip on the exchange is purely market driven and the management of the company is in no way connected with any such price movement/ volume behavior.
Kindly consider and take our submission in your records
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