This is in reference to your email dated 18th April 2022 regarding clarification on price movement in the securities of Modipon Limited. In this respect we would like to inform you that there was no such event or information in the Company which could be considered as Price Sensitive Information resulting in significant movement in the price of the security. The movement in price of security may be on account of general market trends. Accordingly the Company is not required to furnish any information under Regulation 30 of the SEBI (LODR) Regulations 2015. You are requested to kindly consider the above facts and take the same on record.