This has reference to above referred letter seeking clarification regarding the stock price movement of the Company in recent past.We would like to inform you that Company complies with Regulation 30 of SEBI (LODR) Regulations 2015 both in letter and spirit and keeps the exchange and all its stakeholders informed about all the information as required to be done. We would further like to inform you that Company has no control over the share price movement of the Company over Stock Exchanges. Company always keeps the exchange informed of any price sensitive information including information required to be reported under Regulation 30 of SEBI (LODR) Regulations 2015. Hence we feel that share price movement in recent past may be completely speculative.Yours faithfully
Ask Value Research 
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