This has reference to clarification sought from the Company on March 2, 2022, in relation to significant movement in the price of the shares of the Company. In this regard, we would like to inform you that the Company is in compliance with SEBI (LODR) Regulations, 2015, and has been promptly informing the Stock Exchanges on all events and information, which have a bearing on the operation or performance of the Company. There is no undisclosed/price-sensitive information or any impending announcement / corporate action which needs to be informed to the Exchanges at this point in time and the movement in share price is purely market-driven and owing to the market conditions. We assure you that Company shall as required under SEBI (LODR) Regulations 2015, continue to promptly inform the Exchanges of all material events/information/actions.