With reference to Letter No- L/SURV/ONL/PV/SR/2022-2023/147 Dated 19th August, 2022 regarding clarification on price movement, Advait Infratech has submitted that the company has always disclosed, to the stock exchange, all the material information, which has a bearing on the operation/ performance of the company including all necessary disclosure in accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations') within the stipulated time. The Company is not aware of the reason of the significant movement in the price of shares. The movement in the share price is purely market-driven and may be a combination of various factors including market conditions. The management of the company is in no way concerned with the movement in the price of the shares.
The above information is a part of company’s filings submitted to BSE.