Cubex Tubings has informed that the company has not made any material announcement having impact on its operation and operation and performance in recent times. The reason for the increase in the price of the shares of the company is not as a result of any announcement or pending announcement made to be made by the company. The company has not shared any price sensitive information with any market intermediary or any other party and therefore the rise in the price of shares of the company is not known to the company. Discovery of price of security is a function of several factors and is carried out purely on the Exchange platform. Also stated that it does not have any commitment on the movement of the price of the shares of the company.
The above information is a part of company’s filings submitted to BSE.
