RICO AUTO INDUSTRIES LTD. - 520008 - Clarification On Movement In The Price Of Shares
This is in reference to your email dated 23rd April, 2020 wherein response has been sought from the Company on movement in the price of shares of the Company on Exchange, in the recent past. In this regard, we wish to inform you that the Company has made all the necessary disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and has not withheld any material information/event that in our opinion would have bearing on the price behaviour of shares of the Company. Therefore, the movement in the share price of the Company is purely market driven and the management of the Company is in no way connected with any such movement in price.24-04-2020