Gujarat Raffia Industries has informed that the Company has made all the necessary disclosures in a timely and accurate manner in conformity with the principles governing disclosures and obligations in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 from time to time. The Company has not withheld any material information / event that in opinion would have a bearing on the price/volume behavior in shares. The Company will continue to inform the stock exchanges about any price sensitive information as required under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 from time to time. Accordingly, the significant movement observed in the price of shares across Exchanges in the recent past is purely market driven and the management of the company is in no way connected with any such movement in price of securities of the company.
The above information is a part of company’s filings submitted to BSE.