With reference to letter regarding the significant movement in the price of its security across Exchanges in the recent past, Generic Engineering Construction and Projects has clarified as follows: 1. They have been regularly making all necessary disclosures, including all price-sensitive information, to the Stock Exchanges in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. 2. They confirmed that there is no undisclosed information / announcement (including any impending announcement) from the company that may have a bearing on the price or volume behavior of security. 3. Therefore, the recent movement in the share price of the company is purely market-driven and due to market conditions. The company has no control or knowledge regarding these price movements.
The above information is a part of company’s filings submitted to BSE.