This is with reference to your email Ref. No.: L/SURV/ONL/PV/NK/2018-2019/317 dated February 18, 2019 for clarification regarding movement in price. We wish to state that the Company is very particular in disclosing to the general public, the events/information having a bearing on the operation/performance of the Company including price sensitive information, in accordance with the Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. We further clarify that there are no pending information / announcement that could have triggered the significant movement in price. The movement in price is purely market driven.