Shivam Autotech Ltd Allots 7,500 Unlisted, Secured, Redeemable, Optionally Convertible Debentures (OCDs) Worth INR 75 Crore

Shivam Autotech Ltd has approved the allotment of 7,500 unlisted, secured, redeemable, optionally convertible debentures (OCDs) of a face value of INR 1,00,000 each, amounting to INR 75 crore, on a private placement basis. The allotment was approved in a board meeting held on 11th February 2026. The OCDs will be issued to Alternatives Structured Credit Opportunities Fund Alpha. The OCDs have a tenure of up to 18 months, with a lock-in period of 12 months commencing from the deemed date of allotment, being 10 February 2026. The OCDs will offer a coupon rate of 10.00% per annum, to be paid in terms of the transaction documents. The rights, privileges, and interest attached to the OCDs will be as per the terms of the debenture trust deed to be entered into between the Company and the debenture trustee. The redemption will also be in accordance with the terms of the debenture trust deed.