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Incorporated in 1999, Shivam Autotech Ltd is in the manufacturing of Near-Net-Shaped, auto transmission components for Original Equipment Manufacturers
Shivam Autotech's Company Secretary & Compliance Officer, Mr. Shakti Kant Mahana, has resigned due to personal reasons. He will be relieved from his duties at the close of business.
Shivam Autotech confirmed timely dematerialization of shares for the last quarter. All shares are listed on exchanges, and ownership records are updated for smooth trading.
Shivam Autotech Limited has informed the Exchange about General Updates
Shivam Autotech secured ₹45 crore by allotting 4,500 unlisted, secured, optionally convertible debentures through a private placement to Alpha Alternatives. This funding, with a 10% annual interest, strengthens the company's financial position.
Shivam Autotech allotted 7,500 secured, optionally convertible debentures worth ₹75 crore via private placement to Alpha Alternatives Fund. These debentures carry a 10% annual interest and have an 18-month tenure, strengthening company finances.