We are in receipt of your email letter vide Ref. No.: L/SURV/ONL/PV/KA/2023-2024/623 dated February 29, 2024 wherein you have sought response from the Company in respect of significant increase in the volume of the security of the Company. In this Respect, we would like to inform you that: 1. There is no material event/information on the operations and performance of the Company. 2. There is no unpublished price sensitive information being prevalent in the Company and the Company believes in transparent and timely dissemination of any price sensitive information in accordance with applicable Rules, Regulations and Guidelines. 3. The movement/increase in volume of security to market forces which are beyond the control of the Company.