Shivam Autotech Limited
Incorporated in 1999, Shivam Autotech Ltd is in the manufacturing of Near-Net-Shaped, auto transmission components for Original Equipment Manufacturers
What Shivam files
- Important41
- Others33
- Board Meeting21
- Updates12
- Results4
- QIP/Rights/Pref.1
Shivam Autotech has announced its 21st Annual General Meeting (AGM) will be held via VC/OAVM. The Annual Report for the financial year 2025-26 is now available on the company's website for shareholders.
Shivam Autotech's Q1 revenue rose to 109.58 Cr. However, the company reported a net loss of 20.99 Cr and has a negative net worth of 61.67 Cr. Positive EBITDA of 7.92 Cr and timely debt payments support its going concern status, with management expecting improvement through strategic refinancing.
Shivam Autotech issued clarifications for its proposed preferential issue of optionally convertible debentures (OCDs). The company plans to raise ₹120 Cr. primarily to repay ₹115 Cr. in existing debentures and allocate ₹5 Cr. for long-term working capital.
Shivam Autotech has announced a board meeting to consider raising funds. Options include issuing Secured Non-Convertible Debentures (NCDs) via private placement to meet company needs.
Shivam Autotech received a show cause notice for alleged excess Input Tax Credit of ₹2.64 Cr for FY19-20. The company disputes the claim, stating it has no financial or operational impact, and plans to contest it.