Sonal Mercantile Ltd

This is in reference to the announcement on BSE website dated 06.03.2023 regarding clarification on price movement we hereby submit that the company has always disclosed to the stock exchange all the material information which has a bearing on the operations/performance of the company including all necessary disclosures in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (the Listing Regulations) within the stipulated time.