Hipolin Ltd

We refer to the clarification sought on price movement in the shares of Hipolin Limited. We wish to inform you that as on date there is no material relevant information/event having a bearing on the operations/performance of the Company which requires disclosure as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations).All the information/events which have a bearing on the operations of the Company are disclosed to the Exchange on immediate basis as per Regulation 30 of the Listing Regulations. The Company has always abided by and complied with all regulatory requirements and will continue to do so.We further request you to take note that since the shares of the Company are freely traded on the Stock Exchange the Company is unable to comment on the movement in share price of the Company.