Hubtown: Reply To Clarification Sought On Price Movement Of The Shares Of The Company.

This is with reference to your observation posted in BSE on the Exchange website seeking clarification on the current price movement in the shares of the Company. In this regards we wish to inform you that all the material information / announcement that may have a bearing on
the operations / performance of the Company which include all the necessary disclosures in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 have always been disclosed by the Company within stipulated time. There is
no information or announcement pending which may have a bearing on the price movement of the shares 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 Company is in no way connected with any such
movement in the price of its shares.
The delay in sending this reply was purely accidental and through inadvertence. And we regret any inconvenience caused.