Shivalik Bimetal Controls has received a request letter dated 11th May 2026 from M/s Solan Developers Private Limited, seeking reclassification from the "Promoter and Promoter Group" category to the "Public" category. The intimation was made pursuant to Regulation 30 and Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to both BSE Limited and the National Stock Exchange of India Ltd.

Key Details of the Reclassification Request

The following table summarises the key parameters of the reclassification request received by the company:

Board Review and Next Steps

The request from M/s Solan Developers Private Limited is currently under review and will be placed before the Board of Directors of Shivalik Bimetal Controls at the forthcoming Board Meeting. The Board's deliberation will be conducted in accordance with the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that it will inform the stock exchanges about the decision made by the Board of Directors in this regard.

The intimation was signed by Aarti Sahni, Company Secretary (M. No.: A25690), on behalf of Shivalik Bimetal Controls, on 11th May 2026.

Shivalik Bimetal Controls Limited has submitted its quarterly compliance certificate to depositories and stock exchanges, confirming adherence to SEBI regulations for securities dematerialization during the quarter ended March 31, 2026.

Regulatory Compliance Certificate

The company filed its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 13, 2026. The submission was made to Central Depository Services (India) Limited and National Securities Depository Limited, along with copies to BSE Limited and National Stock Exchange of India Limited where the company's shares are listed.

Dematerialization Process Confirmation

MAS Services Ltd., serving as the company's Registrar and Share Transfer Agent, provided confirmation regarding the dematerialization activities during the period from January 1, 2026 to March 31, 2026. The registrar confirmed that all securities received from Depository Participants for dematerialization were processed within the mandated 15-day timeline.

Regulatory Framework

The certificate submission fulfills the requirements under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates that companies provide quarterly confirmations regarding their dematerialization processes to ensure transparency and regulatory compliance in the securities market.

Corporate Communication

The certificate was signed by Aarti Sahni, Company Secretary (M.No.: A25690), and digitally authenticated on April 13, 2026. The communication was distributed to relevant depositories and stock exchanges as part of the company's ongoing regulatory compliance obligations.

The submission demonstrates Shivalik Bimetal Controls Limited's commitment to maintaining regulatory compliance and ensuring proper execution of securities dematerialization processes in accordance with SEBI guidelines.