Shivam Autotech Ltd Approves Allotment of INR 245 Crore Optionally Convertible Debentures

Shivam Autotech Ltd has approved the allotment of 4,500 unlisted, secured, redeemable, optionally convertible debentures (OCDs) of a face value of INR 1,00,000 each, amounting to INR 245 crore on a private placement basis. The OCDs have a tenure of up to 18 months, with a lock-in period of 12 months starting from 12 February 2026. The coupon rate offered is 10.00% per annum. The rights, privileges, and interests are as per the terms of the debenture trust deed.