With reference to Increase in Price, Electrotherm (India) has clarified that the Company is not aware about the reason for increase in the price of shares of the Company. It is purely based on market situation. We have informed, and will continue to inform, the stock exchanges of all the events, information etc as per clauses of listing agreement regarding operation/performance of the Company which include all price sensitive information, etc.
The above information is a part of company’s filings submitted to BSE.