With reference to mail dated 09th January, 2020 seeking clarification in price movement, Garnet International has informed that as per Regulation 30 or any other relevant regulation of the SEBI (LODR) Regulations, 2015, the Company has given all relevant intimations and announcements to the Exchange of with reference to the events, information etc that have a bearing on the operation/ performance of the Company which include all price sensitive information. Further the Company assured that there are no information /announcement (including impending announcement) which in its opinion may have a bearing on the price behavior in the scrip and the movement in the price of the scrip Is purely based on market movement.
The above information is a part of company’s filings submitted to BSE.