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.

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.

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.

Shivalik Bimetal Controls Limited announced that members of its Promoter & Promoter Group have acquired equity shares through open market purchases, demonstrating continued confidence in the company's prospects. The latest regulatory disclosure provides detailed information about promoter Sumer Ghumman's individual acquisition.

Regulatory Disclosure Under SEBI Takeover Regulations

The company filed a disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011, detailing Sumer Ghumman's share acquisition on March 30, 2026.

Shareholding Pattern Changes

The acquisition resulted in changes to Sumer Ghumman's shareholding pattern in the company:

Share Capital Structure

The company's equity share capital remains unchanged at ₹11.52 crore, divided into 57,604,200 equity shares of ₹2 each. The acquisition represents a strategic investment by the promoter group, reflecting confidence in the company's long-term prospects.

About Shivalik Bimetal Controls Limited

Founded in 1984 and headquartered in New Delhi, Shivalik Bimetal Controls Limited specializes in process and product engineering. The company manufactures and sells thermostatic bimetal/trimetal strips for switching components used across electrical, electronics, automotive, and industrial applications.

Key Business Highlights

• Manufactures shunt resistors for high-growth automotive and industrial equipment segments
• Serves the rising demand for switchgear, battery management and smart metering systems
• Operates with proprietary bimetal technologies and niche solutions for OEMs
• Manufacturing facilities located in Chambhaghat and Kather, Solan
• Employs approximately 1,000 skilled personnel
• Serves more than 300 clients globally

The company has positioned itself as a valued vendor in supplying high-quality bimetals and shunt resistors to the emerging electric vehicles sector and customizable smart meters market. Its unique business model is based on proprietary technologies operating in an industry with high entry barriers.