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(As on Oct 11, 2021, 16:18)

Artefact Projects Lt - Clarification On Price Movement

Dear Sir,

We have received your mail vide no. L/SURV/ONL/PV/IJ/ 2021-2022 / 735 dated 11th October, 2021 seeking clarification on Price Movement and noted the contents of the same.

We would like to inform that there is no pending information or announcement from the Company other than those intimated to BSE Ltd. The movement in the share price of the Company is due to market conditions and absolutely market driven. The Management of the Company is in no way connected with any such price increase.

However, if there is any such development, we shall make necessary disclosures as per Regulation 30 of SEBI (LODR) Regulations, 2015 from time to time, as applicable.

We hope the above clarifies the query.

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