Shivam Autotech Limited has scheduled a meeting of its Board of Directors on July 1, 2026, to consider a proposal for raising funds through a rights issue. The primary agenda involves evaluating the offer and issuance of fully paid-up equity shares to eligible equity shareholders. This strategic move aims to bolster the company's capital base in compliance with applicable regulations.

Agenda Details

The Board will deliberate on the fund-raising proposal under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws. The meeting will also cover related matters, including the constitution of a special committee of the Board of Directors and determining the size of the issuance. The proposal is subject to necessary regulatory and statutory approvals.

Regulatory Compliance

The meeting is convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation regarding the meeting has been disseminated to the National Stock Exchange of India Limited and The BSE Limited. The company's website will host the copy of the intimation for shareholder reference.

Shivam Autotech Ltd has accepted the resignation of Shakti Kant Mahana from the position of Company Secretary & Compliance Officer. The resignation, effective from the close of business hours on June 23, 2026, was submitted due to personal reasons. This development impacts the company's key managerial personnel structure responsible for regulatory compliance.

The company informed the National Stock Exchange of India Limited and The BSE Limited regarding the change in compliance officer designation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure included details required under SEBI Circular No. CIR/CMD/4/2015 dated September 9, 2015.

Mr. Mahana, who held the membership number A69273 with the Institute of Company Secretaries of India (ICSI), also served as the Nodal Officer. His resignation was tendered to the Board of Directors, requesting relief from his responsibilities effective immediately at the close of business on the specified date.

The following table outlines the key details of the regulatory event:

The resignation letter addressed to the Board of Directors expressed gratitude for the support and cooperation extended by the Board, the Managing Director & CEO, and the Senior Management team during his tenure.