This refers to your email dated 28/10/2021 with regard to clarification sought by BSE for price movement. We would like to state that the Company has been regularly sharing details of special events and all information/announcements that may have bearing on the operations /performance of the Company.
Further kindly note that the Trading window of the Company has been closed from 01.10.2021 till the Un-audited Financial Results for the quarter and half year ended 30/09/2021 are out.
We are not aware of the reason for sudden increase in price of the shares. The increase in the share is market driven it may be due to rising of Indian Stock Market(Sensex/Nifty) and due to market conditions as the market is on the all time high levels the management of the Company is no way connected with such increase in the price.