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Incorporated in 1984, Shivalik Bimetal Control Ltd. manufactures thermostatic bimetal/trimetal strips, components, shunt resistors and clad metals.
Shivalik Bimetal Controls Ltd. disclosed an insider trading code violation by a former employee's relative involving share trades without prior approval. The Audit Committee is reviewing the matter for appropriate action.
SBCL is moving forward with its Pune facility (Phase-II) expansion. The company is actively securing all necessary approvals and permissions to set up the new unit.
Shivalik Bimetal Controls (SBCL) granted its wholly-owned subsidiary, Shivalik Engineered Products (SEPPL), an Rs. 11 Cr unsecured loan. This funding is for SEPPL's working capital needs and term loan repayment, supporting its operational stability.
SBCL is establishing a new manufacturing facility in Pune, alongside bolstering product innovation, R&D, and AI integration. The company invested 65.93 Lakhs in a new eco-friendly cleaning system, increased MSME sourcing to 29.09% of inputs, and reduced Scope 1 GHG emissions. Accounts payable days dropped to 34, though worker injuries...
Shivalik Bimetal Controls received a request from Solan Developers Private Limited (zero shareholding) for reclassification from the Promoter Group to the Public category. The Board will consider this reclassification request in a forthcoming meeting.