With reference to your letter dated January 15, 2024, please find the reply letter attached herewith whereby we would like to inform you that the Company has intimated BSE Limited of all the events and information which to its best knowledge and belief has an impact on the operation and performance of the Company including all price sensitive information, etc. within the stipulated time as required to be disclosed under all applicable regulations and laws for the time being in force. Further, we would like to inform you that there is no pending information or announcement from the Company which may have a bearing on the price behaviour of the scrip. The Company shall continue to make applicable disclosures within the stipulated time. Therefore, the movement in the share price of the Company is purely due to market conditions and is absolutely market driven. The management of the Company is in no way connected to any such movement in price.