Dear Sir/ Madam,\r\nThe Company has, from time to time, duly intimated the National Stock Exchange of India Limited and Bombay Stock Exchange Limited all events and information having a material impact on the operations and performance of the Company, including all price-sensitive information, as required under Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'). Further, based on our knowledge and understanding, no other event or information requiring disclosure under Regulation 30 of the SEBI LODR Regulations has occurred or remained undisclosed to the Stock Exchange. Therefore, the movement in company's share price is purely due to market conditions and apparently market driven on which the company and its promoters neither has any control nor has any knowledge of reasons.