With reference to your captioned letter/email dated June 17, 2021, we wish to inform you that the Company has made all the necessary disclosures pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 and has not withheld any material information/event that in Our opinion would have a bearing on the price/volume behavior in the scrip. The increase in the share price/volume of the Company is purely due to market conditions and absolutely market driven and the management of the Company is in no way connected with any such increase in price/volume. The Company has been sharing all information/announcements that have a bearing on the price/volume behavior in the scrip with the Stock Exchanges regularly.

The Exchange has sought clarification from Arshiya Ltd on June 17, 2021 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded. The reply is awaited.

Arvee Laboratories (India) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2021.

Bright Solar Limited has submitted to the Exchange, the financial results for the period ended March 31, 2021.

Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Resignation of Independent Director.