With reference to Letter No- L/SURV/ONL/PV/RS/ 2021-2022 / 1177 dated January 10, 2022 regarding clarification on price movement, Zenlabs Ethica has submitted as follows- The Company has made all disclosures which are required to be made in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015; There is no unpublished price sensitive information that should have been made in terms of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 and which has not been submitted by the company. The Company further submitted that the Company is not aware of the reason of significant movement in the price of shares. The movement in the share price is purely market driven and may be combination of various factors including market conditions. The management of the company is in no way connected with the movement in the price of the shares.
The above information is a part of company’s filings submitted to BSE.
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