KMF Builders & Developers Ltd

With reference to your letter regarding clarification on price movement we hereby submit that the company has always disclosed to the stock exchange all 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 (LODR) Regulations 2015 with in stipulated timewe hereby further submit that we are not aware if the reason of significant movement in the price of our shares. the movement in the share price is purely market driven.