Mr. Binoy Yohannan,

Date: 5th December, 2022

Associate Vice President,

Surveillance,

National Stock Exchange of India Ltd.

Exchange Plaza, C-1, Block G,

Bandra Kurla Complex, Bandra (E),

Mumbai - 400 051

Sir/Madam,

Sub: Clarification sought on Increase in Volume.

Ref: Clarification sought from Mold-Tek Technologies Limited on December 2, 2022, vide your letter Ref. No.:NSE/CM/Surveillance/12547

With regards to the above captioned subject and reference, please find herewith below our reply for your perusal.

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.

The significant increase in the volume of our security across Exchanges in the recent past is purely due to market conditions and is absolutely market driven, moreover, the Company's remarkable performance in the Q2 of F.Y. 22-23 as disclosed to the exchanges already may have attributed to the increase in volume.

We hope the above clarifies the matter and request you to kindly take the same on your record.

Thanking you,

Yours faithfully,

For Mold-Tek Technologies Limited

MANIPATRUNI SWATI PATNAIK

Digitally signed by MANIPATRUNI SWATI PATNAIK

Date: 2022.12.05 10:14:15 +05'30'

Manipatruni Swati Patnaik

Company Secretary & Compliance Officer

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Mold-Tek Technologies Ltd. published this content on 05 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 December 2022 05:16:05 UTC.