Shivalik Bimetal Controls513097Dividend news update
Board declares 100% interim dividend of Rs. 2 per share, approves 2:1 bonus and EGM
Interim dividend of 100% i.e. Rs. 2/- per equity share of face value Rs. 2/- each, on ~5.76 crore equity shares.
By ScoutQuest · · 2 min read
Rs. 40,00,00,000/-×2.67
ExistingRs. 15,00,00,000/-ProposedRs. 40,00,00,000/-
- Interim Dividend
- 100% i.e. Rs. 2/- per equity share of face value Rs. 2/- each
- Dividend Record Date
- Friday, November 13, 2026; payment on or before December 3, 2026
- Bonus Issue Ratio
- 2:1 — two bonus shares for every one held; capitalising up to ~Rs. 23.04 crore
Interim dividend
- The Board declared an interim dividend of 100% i.e. Rs. 2/- per equity share of face value Rs. 2/- each.
- The dividend is on ~5.76 crore equity shares.
- The record date to identify eligible shareholders is Friday, November 13, 2026, and the dividend is to be paid or dispatched on or before December 3, 2026.
Bonus issue
- The Board approved a bonus issue in the ratio of 2:1 — two bonus equity shares of Rs. 2/- each for every one fully paid-up equity share held, as on a record date to be announced.
- It will be done by capitalising a sum not exceeding ~Rs. 23.04 crore out of the company's retained earnings.
- After the bonus, paid-up share capital is stated to be ~Rs. 34.56 crore.
- The bonus shares are proposed to be credited within two months of board approval, on or before January 2, 2027.
- The bonus issue is subject to the approval of the members.
Authorised capital and EGM
- The Board approved an alteration to the Capital Clause of the Memorandum of Association to increase the authorised share capital from Rs. 15 crore to Rs. 40,00,00,000/-, subject to member approval.
- An extraordinary general meeting is convened on Wednesday, December 16, 2026 at 10.30 AM through video conferencing/other audio-visual means, to issue the bonus shares and to alter the Capital Clause.
- E-voting runs from December 13, 2026, 9.00 A.M. to December 15, 2026, 5.00 P.M., with the cut-off date for voting rights as December 9, 2026.
Financial results
- The Board also considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the limited review report.
Other board items
- A candidate for the post of Chief Financial Officer has been selected and is expected to assume office from January 2027; until then, Whole-time Director Mr. Sumer Ghumman has been entrusted with the additional responsibilities of the CFO on an interim basis.
- The Board took note of the resignation of Company Secretary Mrs. Aarti Sahni with effect from December 7, 2026.
- The Board noted a restructuring of the existing bank borrowing and credit facilities, including limits, for wholly owned subsidiary Shivalik Engineered Products Private Limited.
Also from Shivalik Bimetal Controls
Audio recording of Q2 FY27 earnings call held November 04, 2026 uploaded on company website
4 Nov 2026
Shivalik Bimetal Q2 FY27: consolidated revenue up 43.95%, PAT up 36.34%
4 Nov 2026
Shivalik Bimetal Q2 FY27 consolidated EBITDA up 61.6% to ₹50.2 crore; margin 25.4%
4 Nov 2026
More numbers
- Interim dividend per equity shareRs. 2/-
- Interim dividend rate100%
- Equity shares on which dividend declared57604200 equity shares
- Bonus issue ratio2:1
- Amount capitalised from retained earningsRs. 23,04,16,800/-
- Existing authorised share capitalRs. 15,00,00,000/-
- Proposed authorised share capitalRs. 40,00,00,000/-
- Post-bonus paid-up share capitalRs. 34,56,25,200/-
Source: BSE · 4 Nov 2026
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