With reference to email on clarification sought on price movement of the Company's shares on Stock Exchange, Shardul Securities has informed that the Company has made all the necessary disclosures pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and has not withheld any material information/ event that in its opinion would have bearing on the price behaviour of the scrip. The Company shall continue to make applicable disclosures, within the stipulated time. There is no pending information or announcement from the Company which may have a bearing on the price movement of the Company. The decrease/ increase of the Company’s shares on the Stock Exchange are purely market driven and connected to general market conditions.
The above information is a part of company’s filings submitted to BSE.
