We would like to inform you that the company has intimated from time to time to the BSE of all the events and information which has an impact on the operation and performance of the Company in which include all price sensitive information etc. as required to be disclosed under the provisions of Regulation 30 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Therefore, the movement in the Company''s Share price is purely due to market conditions and apparently market driven on which a company neither has any control nor has any knowledge of reasons. Please take the above clarification on your record.