Clarification on Price Movement

Shivalik Bimetal Controls has responded to queries from BSE and NSE seeking clarification on the significant rise in the price and volume of its shares. The company stated that all required disclosures, including any price-sensitive information, have already been made under SEBI Listing Regulations. It confirmed there is no undisclosed price-sensitive information, event, or announcement pending. The company attributed the increase in trading volume entirely to market conditions and said it is purely market-driven.