Tribhovandas Bhimji Zaveri Ltd.

Tribhovandas Bhimji Zaveri has informed that the Company has been following its Corporate Governance Code and practices prescribed thereunder for the purpose of intimating stock exchanges and dissemination of information, including which may be considered as price sensitive or relating to business operations of the Company. Further noted that all information/ announcement to be provided in accordance with the requirements prescribed under Regulation 30 of SEBI Listing Regulations, concerning matters prescribed therein are intimated immediately pursuant to the decisions taken by the Board of Directors of the Company from time to time and as and when any reportable event takes place. The significant movement of price of the equity shares of the Company during recent past is purely driven by the market forces or may be combination of various factors including market conditions. At present there is no information/ announcement which needs to be disclosed under Regulation 30 of the Listing Regulations read with policy of the Company for determination of materiality of event and information. 

The above information is a part of company’s filings submitted to BSE.