Safety Controls Denies Internal Price Movement Cause

Company Disclosure Regarding Share Price Movement

Safety Controls & Devices India Ltd has responded to an exchange query regarding significant movement in the company's share price.

Key Clarifications

• The company confirms there are no internal announcements, unpublished price sensitive information (UPSI), or any communication/event within the company's knowledge that could explain the significant share price movement.
• Management attributes the price variation purely to market-driven factors and prevailing market conditions and investor sentiment.

Regulatory Compliance Commitment

• The company reaffirms its commitment to promptly disseminate all material information and disclosures required under applicable SEBI Regulations and listing requirements.
• The company emphasizes its dedication to maintaining the highest standards of corporate governance and regulatory compliance.

Financial Impact

No specific financial impact is quantified in this disclosure. The company states that the price movement is unrelated to any fundamental company developments.