Shivalik Bimetal Controls Promoters Acquire 240,000 Equity Shares Worth ₹75.91 Crores

2 min read     Updated on 02 Apr 2026, 03:57 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Shivalik Bimetal Controls Limited disclosed significant share acquisitions by promoters and promoter group entities totaling 240,000 equity shares worth ₹75.91 crores. Mr. Kabir Ghumman and Mr. Sumer Ghumman each acquired 86,750 shares, while Sirmaur Hospitality Private Limited purchased 67,500 shares. The transactions were executed on NSE and BSE during March 2026, with the company filing mandatory SEBI compliance disclosures on April 01, 2026.

powered bylight_fuzz_icon
36628073

*this image is generated using AI for illustrative purposes only.

Shivalik Bimetal Controls Limited has reported substantial share acquisitions by its promoters and promoter group entities, with a combined purchase of 240,000 equity shares worth ₹75.91 crores during March 2026. The company filed the mandatory disclosure under SEBI insider trading regulations on April 01, 2026, informing both BSE and NSE about these transactions.

Promoter Share Acquisitions

The acquisitions involved three key entities from the promoter and promoter group. The transactions were executed through market purchases on NSE and BSE exchanges during the last week of March 2026.

Entity Shares Acquired Transaction Value (₹) Acquisition Date Exchange
Mr. Kabir Ghumman 86,750 33.66 crores March 27 & 30, 2026 NSE
Mr. Sumer Ghumman 86,750 34.17 crores March 30, 2026 NSE
Sirmaur Hospitality Pvt Ltd 67,500 8.08 crores March 27, 2026 BSE
Total 240,000 ₹75.91 crores

Transaction Details

Mr. Kabir Ghumman, who serves as both promoter and director, conducted his acquisitions through two separate transactions. On March 27, 2026, he purchased 45,185 shares valued at ₹17.08 crores, followed by another purchase of 41,565 shares worth ₹16.58 crores on March 30, 2026. These transactions increased his shareholding from 3.62% to 3.77%.

Mr. Sumer Ghumman, also a promoter and director, acquired 86,750 shares in a single transaction on March 30, 2026, valued at ₹34.17 crores. His shareholding increased from 3.62% to 3.77% following this acquisition.

Corporate Entity Participation

Sirmaur Hospitality Private Limited, a promoter group entity, participated in the share acquisition program through multiple transactions on March 27, 2026. The company purchased 65,000 shares worth ₹24.25 crores and an additional 2,500 shares valued at ₹0.93 crores, totaling 67,500 shares. These acquisitions increased the entity's shareholding from 0.79% to 0.91%.

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Company Secretary Aarti Sahni signed the compliance document, ensuring adherence to regulatory requirements. The transactions were reported through Form C disclosures, providing detailed information about the change in shareholding patterns of promoters and promoter group entities.

All transaction values exclude taxes, brokerage, and other charges as specified in the regulatory filings. The acquisitions demonstrate continued confidence by the promoter group in the company's prospects and their commitment to increasing their stake in Shivalik Bimetal Controls Limited.

Historical Stock Returns for Shivalik Bimetal Controls

1 Day5 Days1 Month6 Months1 Year5 Years
-1.88%+7.72%-8.60%-19.00%-10.96%+410.96%

What strategic initiatives or expansion plans might Shivalik Bimetal Controls be pursuing that prompted such significant promoter investment?

How could this substantial increase in promoter shareholding impact the company's dividend policy and capital allocation decisions?

Will this promoter confidence trigger institutional investor interest and potentially drive up the stock's trading volumes?

Shivalik Bimetal Controls
View Company Insights
View All News
like16
dislike

Sirmaur Hospitality Acquires 67,500 Shares in Shivalik Bimetal Controls Through Open Market

1 min read     Updated on 01 Apr 2026, 04:13 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Sirmaur Hospitality Private Limited acquired 67,500 equity shares (0.12%) of Shivalik Bimetal Controls Limited through open market purchase on March 27, 2026. The acquisition increased the promoter group entity's total holding from 455,600 shares (0.79%) to 523,100 shares (0.91%). The disclosure was filed with BSE and NSE on March 31, 2026, under SEBI's takeover regulations, with the target company's share capital remaining at ₹11,52,08,400 divided into 57,604,200 shares.

powered bylight_fuzz_icon
36585792

*this image is generated using AI for illustrative purposes only.

Shivalik bimetal controls Limited has received disclosure from Sirmaur Hospitality Private Limited regarding the acquisition of equity shares under SEBI's takeover regulations. The transaction represents a strategic move by the promoter group entity to increase its stake in the bimetal controls manufacturer.

Acquisition Details

Sirmaur Hospitality Private Limited, formerly known as TKG Real Estates Private Limited, acquired 67,500 equity shares of Shivalik Bimetal Controls Limited through open market purchase on March 27, 2026. The acquisition represents 0.12% of the target company's total share capital.

Parameter Details
Shares Acquired 67,500
Acquisition Percentage 0.12%
Mode of Acquisition Open Market (Stock Exchange)
Transaction Date March 27, 2026
Disclosure Date March 31, 2026

Shareholding Pattern Changes

The acquisition has resulted in an increase in Sirmaur Hospitality's total shareholding in Shivalik Bimetal Controls. The company's stake has grown from 0.79% to 0.91% following this transaction.

Holding Period Number of Shares Percentage Holding
Before Acquisition 455,600 0.79%
Shares Acquired 67,500 0.12%
After Acquisition 523,100 0.91%

Company Information

Sirmaur Hospitality Private Limited operates as a promoter group entity of Shivalik Bimetal Controls Limited. The company is registered in New Delhi with CIN U45400DL2007PTC165233. Shivalik Bimetal Controls Limited is listed on both BSE (Code: 513097) and NSE (Code: SBCL), with its registered office located in Chambaghat District Solan, Himachal Pradesh.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing was submitted to both BSE Limited and National Stock Exchange of India Limited on March 31, 2026. The target company's equity share capital remains unchanged at ₹11,52,08,400 divided into 57,604,200 shares of ₹2 each.

The transaction reflects the ongoing investment strategy of the promoter group in strengthening its position in Shivalik Bimetal Controls Limited. All shares acquired carry voting rights, and no encumbrances or other instruments were involved in this transaction.

Historical Stock Returns for Shivalik Bimetal Controls

1 Day5 Days1 Month6 Months1 Year5 Years
-1.88%+7.72%-8.60%-19.00%-10.96%+410.96%

Will Sirmaur Hospitality continue its gradual stake accumulation strategy to reach the 5% disclosure threshold in Shivalik Bimetal Controls?

How might this increased promoter group confidence impact Shivalik Bimetal's upcoming capital allocation decisions and expansion plans?

Could this acquisition signal potential consolidation moves within the bimetal controls manufacturing sector?

Shivalik Bimetal Controls
View Company Insights
View All News
like18
dislike

More News on Shivalik Bimetal Controls

1 Year Returns:-10.96%