The company confirms it has intimated all events and information to the exchange as required under Regulation 30 and other applicable regulations of the SEBI (LODR) Regulations, 2015.
The company states it has not withheld any information or announcement that would have a bearing on the price/volume behavior of the scrip.
The movement in the company's share price is attributed purely to market conditions and is market driven.
The company clarifies it neither has any control over nor any knowledge of the reasons for the share price movement.
The company notes that since its shares are freely traded on the stock exchange, it is unable to comment on the price movement.