SBShivalik Bimetal Controls513097Bonus issue news

Interim dividend record date fixed; 2:1 bonus issue and Q2 results also approved

Board fixed Friday, November 13, 2026 as the record date for the interim dividend of Rs. 2/- per equity share (100% of face value of Rs. 2/-) for FY 2026-27.

By ScoutQuest · Wed 4 Nov 2026, 2:28 PM IST · 2 min read

Interim dividend

Rs. 2/- per equity share (100% of face value of Rs. 2/-); record date Friday, November 13, 2026

Bonus issue ratio

2 bonus shares for every 1 held; capitalising up to ~Rs. 23.04 crore

Q2 FY27 results

Revenue Rs. 14,491.43 lakh; net profit Rs. 2,980.67 lakh

Interim dividend and record date

• Record date: Friday, November 13, 2026. Shareholders on the register on that date are eligible for the dividend.
• Dividend: 100% interim dividend, i.e. Rs. 2/- per equity share of face value Rs. 2/- each, for FY 2026-27.
• Covers ~5.76 crore equity shares.
• Payment/dispatch on or before 03 December 2026.
• In the accounts, the total payout on this interim dividend is stated as INR 1,152.08 lakhs.

2:1 bonus issue approved

• Two bonus equity shares of Rs. 2/- each for every one fully paid-up equity share of Rs. 2/- each held, on a record date to be announced.
• A sum not exceeding ~Rs. 23.04 crore is to be capitalised out of the retained earnings (free reserves) of the company, subject to the approval of members.
• Paid-up share capital moves from ~Rs. 11.52 crore divided into ~5.76 crore shares to ~Rs. 34.56 crore divided into ~17.28 crore shares.
• Bonus shares to be credited/dispatched on or before 02 January 2027.
• An extraordinary general meeting is convened on Wednesday, 16 December 2026 at 10.30 AM through video conferencing/other audio-visual means for the bonus issue and the change in the capital clause.

September quarter results

• Revenue from operations: Rs. 14,491.43 lakh, against Rs. 11,842.09 lakh in the same quarter a year earlier.
• Net profit for the period: Rs. 2,980.67 lakh, against Rs. 2,117.05 lakh.
• Basic and diluted earnings per share: Rs. 4.98, against Rs. 3.63.
• Six months ended 30 September 2026: revenue Rs. 27,672.24 lakh and net profit Rs. 5,631.89 lakh.

Other board decisions

• Authorised share capital to be increased from Rs. 15 crore to Rs. 40,00,00,000/-, subject to members' approval.
• The process of selecting a Chief Financial Officer is complete; the selected candidate is expected to assume office from January 2027. Until then, Whole-time Director Sumer Ghumman has been entrusted with the additional CFO responsibilities on an interim basis.
• The board took note of the resignation of Company Secretary Aarti Sahni with effect from 07 December 2026.
• The board noted the restructuring of the existing bank borrowing and credit facilities, including limits, for wholly owned subsidiary Shivalik Engineered Products Private Limited.

What this means for a retail shareholder

• A record date notice is largely administrative: it tells you the cut-off date to be on the shareholder list to receive the dividend.
• The bonus issue adds to the number of shares held, with no cash outflow; it is still subject to members' approval at the EGM.
• The auditor's review reports on the standalone and consolidated results state that nothing came to their attention suggesting the statements contain a material misstatement.

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