Acknit Industries has informed that Company is not aware of any information that has not been announced to the exchange that could explain the movement in share price. Further, it informed that it has made disclosures of all the information/ announcement within the timeline and currently there is no event or information/ announcement (including impending announcement) that need to be reported/ disclosed by the Company which in our opinion, may have a bearing on the price/ volume behavior of the Company's scrip. The significant change in the share price of the Company on the exchange in the recent past is purely due to the market conditions and absolutely market driven on which the Company neither has any control nor any knowledge of reasons.
The above information is a part of company’s filings submitted to BSE.
