March 19, 2015

Press Release No. 1

Clarification by Mangalam Drugs And Organics Limited.

Significant price movement has been observed in Mangalam Drugs And Organics 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.

Mangalam Drugs And Organics Limited has vide its letter inter-alia stated, "The Company has no pending announcements to make having a bearing on operation/performance of the Company or which may result in unusual price/volume behavior of the stock price."