Shivalik Bimetal Controls , a leading manufacturer of bimetal products, has reported strong financial results for the first half of the fiscal year, along with potential expansion plans through a strategic partnership.

Financial Performance

The company announced impressive financial results for the first half:

Notably, Shivalik Bimetal Controls improved its EBITDA margin to 25.20% from 24.47% in the previous year, indicating enhanced operational efficiency.

Domestic Market Growth and Future Outlook

CFO Rajeev Ranjan highlighted the company's strong performance in the domestic market, achieving a 25% growth rate. Looking ahead, Ranjan expressed optimism about future growth prospects, stating that the company expects to return to a growth range of 10% to 40% after the fourth quarter.

Potential Joint Venture

In a strategic move, Shivalik Bimetal Controls is exploring a potential partnership with Metalor Technologies International SA. The company is developing a memorandum of understanding to assess the feasibility of a joint venture in India. This venture would focus on manufacturing and assembling silver contacts, potentially expanding Shivalik's product portfolio and market reach.

Industry Recognition

Shivalik Bimetal Controls' commitment to excellence has not gone unnoticed in the industry. The company recently received supplier excellence awards from two major corporations:

1. EATON Corporation: Shivalik was selected among 12 global suppliers for EATON's excellence award.
2. Schneider Electric: The company was recognized with a supplier excellence award.

These accolades underscore Shivalik Bimetal Controls' reputation for quality and reliability in the global supply chain.

As Shivalik Bimetal Controls continues to demonstrate strong financial performance and explore strategic partnerships, it appears well-positioned for future growth in both domestic and international markets.

Shivalik Bimetal Controls , a company listed on both the BSE and National Stock Exchange, has reported a significant change in its promoter group shareholding. Kabir Ghumman, a member of the promoter group, has acquired a substantial stake in the company through an inter-se transfer.

Key Details of the Transaction

• Acquirer: Kabir Ghumman
• Transferor: Sumer Ghumman
• Number of Shares Transferred: 2,086,200 equity shares
• Date of Transfer: August 28, 2025
• Nature of Transfer: Gift (Inter-se transfer among promoter group)
• Percentage of Diluted Share Capital: 3.62%

Impact on Shareholding

The inter-se transfer has resulted in a significant shift in the shareholding pattern within the promoter group of Shivalik Bimetal Controls:

Regulatory Compliance

The transaction was conducted in compliance with SEBI regulations:

1. The transfer was exempt from open offer requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it was an inter-se transfer among promoter group members.
2. The acquirer, Kabir Ghumman, made the necessary disclosure under Regulation 10(5) to the stock exchanges on August 19, 2025, prior to the transaction.
3. The acquisition falls under Regulation 10(1)(a)(i) of SEBI (Acquisition of Shares & Takeovers) Regulations, 2011.

Company Background

Shivalik Bimetal Controls is a publicly traded company listed on both the BSE and the National Stock Exchange. The company's registered office is located at 16-18 New Electronics Complex, Chambaghat, District Solan, Himachal Pradesh.

This inter-se transfer within the promoter group demonstrates a realignment of ownership stakes while maintaining overall promoter control in Shivalik Bimetal Controls. Investors and market participants may want to take note of this change in the company's shareholding structure.