Shivalik Bimetal Controls Ltd

Dematerialisation processing and record updates

• Securities received for dematerialisation were confirmed (accepted/rejected) to Depositories within 15 days of receipt.
• Security certificates received for dematerialisation were mutilated and cancelled after due verification.
• Depository name substituted as registered owner in the records within 15 days.
• Records updated with the Depository and stock exchanges within 15 days.
• Register of Members updated accordingly.

Shivalik Bimetal Controls Ltd — Trading Window closed with effect from October 01, 2026 till the end of 48 hours after the declaration of UnAudited financial results for the quarter ending September 30, 2026.

AGM Details

• AGM held on 02-09-2026 at 10:30 AM via VC/OAVM.
• Record date: 26-08-2026; total shareholders on record: 67,490.

Resolutions & Outcome

• Resolution 1 (Ord): Adopt audited financial statements; passed.
• Resolution 2 (Ord): Confirm interim dividend and declare final dividend; passed.
• Resolution 3 (Ord): Appoint Kabir Ghumman (DIN 01294801) in place of retiring director; passed.
• Resolution 4 (Ord): Appoint statutory auditor to fill casual vacancy; passed.
• Resolution 5 (Ord): Appoint statutory auditor for a 5-year term; passed.
• Resolution 6 (Ord): Ratify remuneration of Cost Auditor Ramawatar Sunar; passed.
• Resolution 7 (Special): Alter Articles of Association; passed.

Directors & Auditors

• Director changes: Re-appointment of Kabir Ghumman as director (rotation approved).
• Auditors: Walker Chandiok & Co. LLP appointed for casual vacancy.
• Auditors: Walker Chandiok & Co. LLP appointed for 5-year term.
• Cost Auditor remuneration ratified: Ramawatar Sunar.

Dividend Details

• Dividend: interim and final dividend approved.

Director Reappointment

• Kabir Ghumman (DIN 01294801), Managing Director, retires by rotation.
• Original date of appointment: 29/08/2024.
• Profile: Mechanical engineer; 16 years with the company; oversees manufacturing and process engineering.
• Related to N.S. Ghumman and Sumer Ghumman.
• Reason for change: Retire by rotation.

Cost Auditor Appointment

• Cost Auditor: Ramawatar Sunar, Cost Accountant (M. No. 10567).
• Reason for change: Ratification of remuneration for FY 2026-27.
• Date of appointment: August 6, 2026 for FY 2026-27.
• Term: Appointment for FY 2026-27.
• Profile: 43+ years experience in cost accounting and auditing.

Statutory Auditor Appointment

• Statutory Auditor: Walker Chandiok & Co. LLP.
• Reason/Term: 5-year appointment from FY 2026-27 to FY 2031.
• Date of appointment: August 7, 2026 (casual vacancy).
• Term aligned to AGM: Sept 2, 2026 to 47th AGM.
• Profile: Major Indian audit firm; established 1935; PCAOB and CAG-empaneled.

AGM details

• Date and time: 02 September 2026, 10:30 AM IST.
• Mode: via Video Conferencing and Other Audio Visual Means (VC/OAVM).
• Record date: 26 August 2026.
• Total members on record date: 67,490.

Resolutions

• Adoption of standalone and consolidated financial statements, Directors’ Report, and Auditor’s Report.
• Dividend: interim dividend confirmed and final dividend declared.
• Re-appointment of Kabir Ghumman by rotation.
• Appointment of Walker Chandiok & Co. LLP as Statutory Auditor to fill casual vacancy.
• Appointment of Walker Chandiok & Co. LLP for a five-year term.
• Ratification of remuneration of Ramawatar Sunar, Cost Auditor.
• Alteration of Articles of Association.

Voting status

• Results of voting to be announced with Scrutinizer's Report.

Directors & governance

• Non-executive Independent Director Swarnjit Singh passed away.
• Kabir Ghumman retires by rotation and is eligible for re-appointment.

Auditors & remuneration

• Casual vacancy: Walker Chandiok & Co. LLP appointed as Statutory Auditor (Aug 7, 2026).
• Term: five-year tenure from FY2026-27 to FY2031-32.
• Cost Auditor remuneration ratified for Ramawatar Sunar.

Promoter reclassification

• No-objection certificates dated August 31, 2026 from NSE and BSE for Solan Developers' promoter reclassification.
• Solan Developers Private Limited to be reclassified from Promoter to Public category.
• Regulation 31A of SEBI LODR underpins the approval.

Pune Facility Phase-II Update

• Company is in process of obtaining approvals for Pune facility Phase-II.
• This is in continuation of the July 16, 2026 disclosure.

Parties

• Lender: Shivalik Bimetal Controls Limited; Borrower: Shivalik Engineered Products Pvt. Ltd.

Purpose

• Unsecured loan of Rs 11 crore to SEPPL for working capital and term loan repayment.

Key terms

• Loan amount Rs 11 crore; unsecured; no security; to meet working capital and repay term loan.
• Date of execution: Aug 21, 2026; outstanding balance: Nil; no security.
• SEPPL is wholly owned by the company.

Related party

• SEPPL is a wholly-owned subsidiary; related party transaction; exempt under Reg 23(5)(b).
• Transaction is on arm's length basis.

Impact

• Inter-company loan to strengthen SEPPL funding; no current outstanding balance.
• Potential impact on intercompany receivables balances.

Other disclosures

• Regulatory disclosure filed; no director nominations or conflicts disclosed.

Termination/amendment

• No termination or amendment as on date.