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Vipul Organics Ltd.

BSE: 530627 Sector: Industrials
NSE: N.A. ISIN Code: INE834D01018
BSE 00:00 | 24 Apr 2020 Vipul Organics Ltd
NSE 05:30 | 01 Jan 1970 Vipul Organics Ltd

BSE E-Mail Dated 27Th March 2020 Regarding Clarification On Price Movement

March 27, 2020, 8:44 pm | Source: BSE

Please refer to your e-mail with the Ref no. L/SURV /ONL/PV/SIS/ 2019-2020 / 1254 dated 27th March 2020 seeking clarification relating to the spurt in price movement in the exchange.

We understand that the recent movement in the price of the Companys shares is due to ongoing market condition of the Indian Stock Market on account of pandemic of Coronavirus Disease (COVID-19). The Company is not aware of any other information that led to movement in the share price of the Companys equity shares.

The Company vide its letter dated March 23 2020 has already submitted an update related to COVID-19. At present the overall impact of COVID-19 on the financial performance of the Company is difficult to ascertain. The Company is closely monitoring the situation and complying with various directives issued by Central/State/Local Authorities.