Shivam Autotech to Consider Fund Raising Through NCDs at Upcoming Board Meeting

1 min read     Updated on 09 Nov 2025, 04:07 PM
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Overview

Shivam Autotech Limited has updated its board meeting agenda for November 12, 2025. In addition to reviewing unaudited financial results for Q2 and H1 2025, the board will now discuss potential fund-raising initiatives. Options include issuing Non-Convertible Debentures (NCDs), private placement of securities, preferential allotment, and other suitable methods. The decision will depend on market conditions, laws, and the company's funding needs. This update has been communicated to the National Stock Exchange of India Limited and BSE Limited in compliance with SEBI regulations.

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

Shivam Autotech Limited , a key player in the automotive components sector, has announced an update to its upcoming board meeting agenda. The meeting, scheduled for November 12, 2025, will now include discussions on potential fund-raising initiatives, adding a new dimension to the previously planned financial review.

Expanded Board Meeting Agenda

The company's board of directors will convene to address the following key items:

  1. Review of Unaudited Financial Results: The board will examine and discuss the unaudited financial results for the quarter and half-year ended September 30, 2025.

  2. Fund Raising Proposal: A new addition to the agenda involves considering a proposal for raising funds through various borrowing mechanisms.

Potential Fund Raising Options

Shivam Autotech is exploring several avenues for fund raising, which include:

  • Issuance of secured, unlisted, redeemable Non-Convertible Debentures (NCDs)
  • Private placement of securities
  • Preferential allotment
  • Other modes of fund raising as deemed appropriate by the board

The final decision on the fund-raising method will be based on prevailing market conditions, applicable laws, and the company's specific funding requirements.

Regulatory Compliance

In adherence to regulations 29 and 33 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, Shivam Autotech has duly informed the National Stock Exchange of India Limited and BSE Limited about this update to their board meeting agenda.

Market Impact

This announcement may impact investor sentiment towards Shivam Autotech Limited. The company's decision to explore fund-raising options, particularly through instruments like NCDs, could indicate plans for expansion, debt restructuring, or other strategic initiatives.

Investors and market analysts will likely be watching the outcomes of this board meeting, as it may provide insights into the company's financial health and future growth strategies.

As the automotive sector continues to evolve, companies like Shivam Autotech are positioning themselves to adapt and grow. The results of this board meeting may offer valuable information about the company's direction in the coming months.

Historical Stock Returns for Shivam Autotech

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%-4.47%-4.80%-13.08%-38.31%+35.59%
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Shivam Autotech Board Approves Rs 2,105 Crore NCD Fundraising Plan

1 min read     Updated on 21 Oct 2025, 04:02 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Shivam Autotech Limited's Board of Directors has approved a proposal to raise funds up to Rs 2,105 crore through the issuance of Secured, Redeemable Non-Convertible Debentures (NCDs) via private placement. The issuance may occur in one or more tranches and is subject to necessary approvals, including shareholders' consent. This fundraising initiative aims to strengthen the company's financial position in the automotive components sector.

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

Shivam Autotech Limited , a prominent player in the automotive components sector, has announced a significant move to bolster its financial position. The company's Board of Directors has given the green light to a proposal for raising funds up to Rs 2,105 crore through the issuance of Non-Convertible Debentures (NCDs).

Key Details of the Fundraising Plan

Aspect Details
Instrument Type Secured, Redeemable Non-Convertible Debentures (NCDs)
Issuance Method Private Placement
Maximum Amount Up to Rs 2,105 crore
Issuance Structure One or more tranches
Approval Status Subject to necessary approvals, including shareholders' consent

Board Decision

The Board of Directors of Shivam Autotech Limited has approved a proposal to raise funds through the issuance of secured, redeemable Non-Convertible Debentures (NCDs). The fundraising plan allows for the issuance of NCDs up to Rs 2,105 crore via private placement, which may be executed in one or more tranches.

Regulatory Compliance and Conditions

The fundraising initiative is subject to several conditions:

  • Receipt of necessary approvals
  • Obtaining required consents and sanctions
  • Compliance with applicable laws and regulations
  • Securing shareholders' approval

Implications and Outlook

This move by Shivam Autotech Limited suggests a strategic approach to capital raising. By opting for NCDs through private placement, the company is likely aiming for a more streamlined fundraising process. The secured nature of the debentures may also indicate the company's commitment to offering a level of assurance to potential investors.

As the automotive sector continues to evolve, particularly with the push towards electric vehicles and advanced technologies, such substantial fundraising efforts could be crucial for companies like Shivam Autotech to invest in research, development, and capacity expansion.

The significant fundraising amount of Rs 2,105 crore indicates an ambitious financial strategy, potentially aimed at larger-scale investments or expansions in the future.

Historical Stock Returns for Shivam Autotech

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%-4.47%-4.80%-13.08%-38.31%+35.59%
Shivam Autotech
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