Shivalik Bimetal Controls513097Bonus issue news
Board approves 2:1 bonus issue, Rs. 2 interim dividend, EGM on December 16
Board approved a bonus issue of 2:1 — two bonus equity shares of Rs. 2/- each for every one fully paid-up equity share held, capitalising ~Rs.
By ScoutQuest · · 3 min read
- Bonus Issue Ratio
- 2:1 — two bonus equity shares of Rs. 2/- each for every one fully paid-up equity share held
- Capitalisation Amount
- ~Rs. 23.04 crore from retained earnings
- Interim Dividend
- 100%, i.e. Rs. 2/- per equity share of Rs. 2/- each, on ~5.76 crore equity shares
Bonus issue in the ratio 2:1
- The Board approved the issue of two bonus equity shares of face value Rs. 2/- each for every one fully paid-up equity share of face value Rs. 2/- each held, as on a record date to be announced.
- A sum not exceeding ~Rs. 23.04 crore will be capitalised out of the retained earnings (free reserves) of the Company, as per the audited financial statements for the year ended 31st March 2026.
- Pre-bonus paid-up share capital is ~Rs. 11.52 crore divided into ~5.76 crore equity shares of Rs. 2/- each; post-bonus it will be ~Rs. 34.56 crore divided into ~17.28 crore equity shares of Rs. 2/- each.
- The bonus shares are proposed to be credited/dispatched on or before 02nd January 2027, i.e. within two months from the date of Board approval.
- The bonus issue is subject to the approval of the members of the Company through the EGM.
Interim dividend
- Interim dividend at 100%, i.e. Rs. 2/- per equity share of Rs. 2/- each, on ~5.76 crore equity shares.
- The record date for eligibility is Friday, November 13, 2026, and the dividend is to be paid/dispatched on or before 03rd December 2026.
- The total payout works out to Rs. 1,152.08 lakhs, as stated in the notes to the results.
- This is in addition to the final dividend of Rs. 2 per equity share for the year ended 31st March 2026, which was paid after shareholders' approval at the Annual General Meeting held on 2 September 2026.
Authorised capital and EGM
- The Board approved an alteration to Clause 5 of the Memorandum of Association to increase the authorised share capital from Rs. 15 crore to Rs. 40,00,00,000/-, subject to members' approval.
- An Extra Ordinary General Meeting is convened on Wednesday, 16th December 2026 at 10.30 AM through video conferencing/other audio-visual means, for issuing the bonus equity shares and altering the capital clause.
- The cut-off date for e-voting rights is Wednesday, December 09, 2026; e-voting runs from Sunday, December 13, 2026 at 9.00 A.M. (IST) to Tuesday, December 15, 2026 at 5.00 P.M. (IST).
Quarterly and half-yearly results (standalone, unaudited, Rs. in lakhs)
- Revenue from operations for the quarter ended 30 September 2026 was Rs. 14,491.43 lakhs, against Rs. 11,842.09 lakhs for the quarter ended 30 September 2025.
- Net profit for the quarter was Rs. 2,980.67 lakhs, against Rs. 2,117.05 lakhs in the same quarter a year earlier.
- For the six months ended 30 September 2026, revenue from operations was Rs. 27,672.24 lakhs and net profit Rs. 5,631.89 lakhs.
- The statutory auditors issued a limited review report stating that nothing came to their attention that causes them to believe the statement contains any material misstatement.
Other board items
- The process of identifying and selecting a Chief Financial Officer is stated as completed, with the selected candidate expected to assume office from January 2027; pending that, Mr. Sumer Ghumman, Whole-time Director, has been entrusted with the additional responsibilities of the CFO on an interim basis with immediate effect.
- The Board took note of the resignation of Mrs. Aarti Sahni, Company Secretary, with effect from 07th December 2026.
- The Board noted the restructuring of the existing bank borrowing and credit facilities, including limits, for its wholly owned subsidiary, Shivalik Engineered Products Private Limited.
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More numbers
- Interim dividend per equity shareRs. 2/-
- Amount capitalised for the bonus issueRs. 23,04,16,800/-
- Pre-bonus equity shares5,76,04,200
- Post-bonus equity shares17,28,12,600
- Total interim dividend payoutRs. 1,152.08 lakhs
- Revenue from operations, quarter ended 30 September 202614,491.43 (Rs. in lakhs)
- Net profit, quarter ended 30 September 20262,980.67 (Rs. in lakhs)
- Proposed authorised share capital40,00,00,000/-
Source: BSE · 4 Nov 2026
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