StockWatch
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Iron & Steel Products
Board Meeting4 Nov 2026, 02:23 pm

Shivalik Bimetal Declares Interim Dividend, Bonus Shares

AI Summary

Shivalik Bimetal Controls Ltd announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved an interim dividend of 100% (₹2 per equity share) and a 2:1 bonus share issue, subject to shareholder approval. The company also plans to increase its authorized share capital and will convene an EGM on December 16, 2026, for these proposals. Additionally, the Board appointed an interim CFO and noted the resignation of the Company Secretary.

Key Highlights

  • Unaudited financial results for Q2 FY27 declared.
  • Interim dividend of 100% (₹2 per share) approved.
  • 2:1 bonus share issue proposed, subject to approval.
  • EGM scheduled for December 16, 2026, for bonus shares and capital alteration.
  • Interim CFO appointed; Company Secretary resigns.