KRBL Ltd. — Regulatory Filings 2019

Dec 18, 2019

E: KRBL/BIBHU/STK_EX_ 1920/70 18· December 2019

National Stock Exchange of India Limited "Exchange Plaza", C-1, Block-G Bandra-Kurla Complex Bandra (E) Mumbai-400051

Symbol: KRBL Series: Eq.

Subject: Increase in Volume

Re: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

This is with reference to your Letter no. NSE/CM/Surveillance/8859, dated 18 December 2019, seeking clarification in respect of increase in volume of the Company's scrip, in the recent past as traded across Exchanges.

In this regard we wish to inform you that there is no information and/or announcement (including impending announcement) which in our opinion may have a bearing on the PriceNolume behavior of the Company's Scrip as traded across Exchanges and which is required to be informed to Stock Exchanges in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Therefore, whatever the increase in PriceNolume of the Company's Scrip is purely due to market conditions and absolutely market driven.

Further, kindly note that the Company has been regularly disseminating unpublished price sensitive information from time to time in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We hope to have been clarified your query.

Thanking you,

Yours faithfully, For KRBL Limited

~ '·

Raman Sapra Company Secretary