Reply to the clarification sought on price movement

This is with reference to your email dated 15th April, 2026 and Letter No. L/SURV/ONL/PV/APJ/ 2026-2027 / 3730 received from BSE seeking clarification regarding the significant movement in price of the share price of the company. In this regards, we wish to inform you that all the material information/announcement that may have bearing on the operations/performance of the Company which includes all the necessary disclosures in accordance with regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and under insider trading regulation, have always been disclosed by the Company within the stipulated time. There is no pending information or announcement which have a bearing on price movement of the Company. Therefore, The movement in Company''s share price is purely due to market conditions and are market driven on which the Company neither has any control nor has any knowledge of reasons.

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