With reference to letter dated April 27, 2023, Parnax Lab has informed that movement in price of securities is purely because of investors' perceptions based on information already disseminated to stock Exchange. The Company has disclosed material information wherever applicable, from time to time for investor information. To the best of our knowledge and belief, currently there is no material information or announcement pending to disseminate that in opinion would have bearing on the price behaviour in the scrip.
The above information is a part of company’s filings submitted to BSE.