Dear Sir/ Madam, We refer to the Corporate Announcement page of the Company on the BSE website dated June 6, 2023, seeking clarification on significant movement in the price of our scrip in the recent past. We hereby confirm that the Company has made all necessary disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 and has not withheld any material information/event that in our opinion shall have bearing on the price movement of the scrip. The significant price movement in the Company's share on the Stock Exchange may be driven by the market conditions and present environment. We have always abided by Regulation 30 of SEBI (LODR) Regulations, 2015 as amended from time to time and assure your good offices that we shall continue the same. We trust the above clarifies the matter.