ARVINDREM

Price movement : Significant price movement has been observed in Arvind Remedies Limited.. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Arvind Remedies Limited has vide its letter inter-alia stated, "The Company has been so far complying with all the listing requirements including furnishing information as per Clause 36 that were having bearing on the operations/ performance of the company. As regards the recent price increase, i

The Exchange has sought clarification from Arvind Remedies Limited with respect to strike by the workers of the Company in Unit No. 1 at Kakkalur since few days raising their demands and that the same has affected production. In this regard, the Exchange has advised the Company to provide clarification/confirmation with respect to the following: (a) The impact of the strike/lock out in some quantifiable terms like loss of production, loss of man-days, etc. The response from the Company is awaited.