Shivalik Bimetal Controls Limited announced the outcome of its Board Meeting held on February 5, 2026. The Board approved the un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company declared an interim dividend of 100%, amounting to ₹2 per equity share on 5,76,04,200 equity shares of ₹2 each. The record date for this interim dividend has been fixed as Friday, February 13, 2026, with the dividend to be paid or dispatched on or before March 6, 2026. Additionally, the Board approved giving a corporate guarantee to its wholly-owned subsidiary, Shivalik Engineered Products Private Limited, for a credit facility of ₹7.00 Crore from HDFC Bank. The company is also establishing a new manufacturing facility in Pune, Maharashtra, to produce Automotive Busbars/Connectors and their assemblies, with an investment of ₹200 million (₹20 Crore) to be financed through internal accruals. The new product line is expected to cater to the e-mobility and energy storage sectors, with capacity additions planned to begin in Q1 FY2026-27. The Board meeting commenced at 12:00 Noon and concluded at 16:45 IST.
