Clarification by Murudeshwar Ceramics Limited Significant price movement has been observed in Murudeshwar Ceramics Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Murudeshwar Ceramics Limited has vide its letter inter-alia stated, Dear Sir/ Madam, Sub.: Clarification with reference to significant movement in the price of security across Exchanges. Ref: Email dated 15th April, 2020. This is with reference to the above captioned subject, we would like to confirm that there are no such events or information including any Price Sensitive Information, which the investors are not aware at present and the reason for recent significant movement in the price of the security is unknown to us. We strongly believe that it is purely based on the market sentiments of the Investors which may be based on Government Policies and Market trends. You may kindly note that the Company has always been updating the Exchanges regularly with all the events, information etc., that are required to he intimated under Regulation 30 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 concerning the Company as may be reasonably required. Further, we ensure to provide all such information /announcement which may have an impact on the price behavior in the shares of the Company in future as well. Moreover, reference is drawn that the Government has declared lockdown in nationwide due to COVID-19 and we are unable to access office stationery including letter head etc. and w.e.f. 24th March, 2020 all the activities including production, marketing and sales have been suspended by the company. Request you to take the above submission on records and oblige the same. Thanking you. For Murudeshwar Ceramics Ltd.Ashok Kumar Company Secretary