In connection with the enquire dated April 12, 2021, as displayed on the web site of the exchange, seeking explanation regarding significant movement in price of security of the Company in the recent past. In this connection, Orient Refractories has informed that the company has filed required intimations with regard to all the events, information etc. which in the opinion of the Company have a bearing on the operation/performance of the company including all price sensitive information, etc. in compliance with the provisions of Regulation 30 of the SEBI (LODR) Regulations, 2015 and has not withheld any information. The significant price movement can be attributed to various external factors over which the company has no control.
The above information is a part of company’s filings submitted to BSE.