Reply to the clarification sought from the company regarding the significant price movement

CONTINENTAL SECURITIES LTD. BSE Surveillance BSE Limited, PJ Towers, Dalal Street, Mumbai -400001, India BSE Scrip Code: 538868. Sub.: Clarification on Price Movement Ref.: Letteorf BSE bearing ref. no. L/SURV/ONL/PV/APJ/ 2026- 2042149 7thro/ugh email dated August 17, 2026. Respected Sir, This is with reference to the captioned letter, seeking clarification in respect of significant movementin the price of equity shares of the Company across Stock Exchanges in the recent past. In this regard, it is clarified that the Company has maadll ethe necessary disclosures of event/information pursuant to regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”), from time to time, and there is no undisclosed event/information (including impendingannouncement), which in our opinion may have a bearing on the price/volume behaviourin equity shares of the Company. The Company believes that a significant increase in volume in equity shares of the Company is purely market-driven, and the Company neither has any control nor has any knowledge of the reasons for the same. The Company adheres to the best of the corporate governance practices and has made and will continue to make disclosures of events/information in compliance with Regulation 30 of the Listing Regulations. We request you to kindly take the above clarification on record. For continental Securities Limited CIN:-L67120RJ1990PLC005371 PRAVIT oigitally signed by PRAVITA A KHANDELWAL Date: KHAND 2026.08.18 164036 Pravita Khandelwal ELWAL +os30 Company Secretary and compliance officer Date:-18-08-2026