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SM Gold: Clarification On Price Movement

Dear Sir This has reference to your letter no. L/SURV/ONL/PV/VK/2022-2023/2407 dated 15th June 2022 seeking clarification on significant movement in Price of Companys Security.In this regard we would like to clarify that at present there is no material relevant information event having a bearing on the operations/performance of the company which requires disclosure as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The Volatility in Price of Companys security is completely market driven.Further the Company has been disclosing all the information/events which have a bearing on the operations/performance of the Company to the Stock Exchange on regular basis.This is for your information and record.Thanking You.

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