With reference to your letter seeking clarification on the significant price movement in the price of our Company''s scrip, we hereby inform you that there is no pending information or announcements from the Company which is /are price sensitive that could have led to significant movement in the price behavior of the Company''s Shares. The movement in price of the Shares is purely market driven. A always, the Company will ensure Stock Exchange(s) are duly informed of all the information/ announcements required to be disclosed under applicable regulations as and when required.