With reference to the communication received regarding significant movement in price of the securities of the company, we wish to submit that the company is in compliance with the provisions of regulations 30 of SEBI LODR Regulations, 2015.\r\n\r\nThe company has made all necessary disclosures to stock exchange from time to time, in accordance with the applicable provisions of the SEBI LODR Regulations, 2015. \r\n\r\nWe further wish to clarify that, as on the date of this letter, there is no material event, information, announcement or development, including any impending announcement, which in the opinion of the company requires disclosure to the stock exchange and which is not already been disclosed.\r\n\r\nThe movement in the share price is market driven and beyond the knowledge or control of the company,\r\n\r\nThe company reiterates its commitment to comply with all applicable regularity requirement and make necessary disclosures to the stock exchange as and when any material event or information arises