Sal Automotive has informed that with reference to the mail dated December 06, 2023 the company clarified the following: The Company has made all the necessary disclosures pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, The Company has not made any announcement having impact on its operation and performance in recent past. Therefore, the increase in the share price of the Company is purely due to market conditions and absolutely market driven and the management of the company is in no way connected with any such increase in price.
The above information is a part of company’s filings submitted to BSE.