Significant movement in price has been observed in Modi Rubber 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. Modi Rubber Limited has submitted their response.

NSE observed an unusual movement in the share price of Modi Rubber Limited and wrote to the company seeking clarification. The company has submitted its response to the exchange, which will be reviewed and disseminated to the market. No specific reason for the price movement has been disclosed in this filing. Investors should look out for the company's detailed response or any further clarifications from the exchange.