This is with reference to your e-mail received from your good office dated 30th December, 2025 seeking clarification on price movement of the Company, we hereby submit that pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Company has intimated within stipulated time to BSE, of all the events and information, which to its best belief and knowledge that have an impact on the operations and performances of the Company.\r\n\r\nThe Company also submit that it is not aware of the reason of significant movement in the price of shares. The movement in the Company's share price is entirely attributable to market circumstances, which appear to be driven by the market and the management of the Company is in no way connected with any such movement in price.