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


This is with reference to your email dated 23rd April 2020. In this regard we would like to submit and clarify that the company has been sharing all requisite information and events from time to time that may have a bearing on the operations/performance of the company as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("SEBI Listing Regulations") with the Stock Exchanges.

We would like to submit that the movement in the volume and share price of the company is absolutely market driven and the Company is in no way connected with any such movement.

In case if there is any information that require a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("SEBI Listing Regulations") we will intimate the same to the stock exchanges in accordance with the regulatory requirements.

You are requested to take the same on record.

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