Shivalik Bimetal Declares Interim Dividend of ₹2/Share, Announces Bonus Issue

Shivalik Bimetal Controls Ltd announced a significant corporate action following its Board of Directors meeting on November 4, 2026. The company declared an interim dividend of 100%, amounting to ₹2 per equity share, with November 13, 2026, set as the record date. Additionally, the Board approved a bonus issue of equity shares in a 2:1 ratio (two bonus shares for every one held), subject to shareholder approval. The company also plans to increase its authorized share capital and convene an EGM on December 16, 2026, to approve these changes. The Board also addressed interim CFO responsibilities and noted the resignation of the Company Secretary. Restructuring of bank borrowing for its subsidiary was also noted.