Star Delta Transformers Ltd - Clarification On Price Movement.

With reference to BSE Surveillance Department mail dated March 1, 2021, We wish to clarify that the Company has made all the necessary disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 and has not withheld any such Information/Announcement which is pending to be intimated by the Company to the Stock Exchange(s) that may have bearing on the operation/Performance of the Company.<BR> <BR> Therefore, the movement in the share price/volume 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 movement in the share price/volume.<BR> <BR> Kindly take the above information on record and Acknowledge the receipt.