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.

Shivam Autotech Limited , a prominent player in the automobile parts sector, has announced its financial results for the first quarter and made several key board-level decisions. The company's Board of Directors approved these measures during a meeting held on August 14.

Financial Performance

For the quarter ended June 30, Shivam Autotech reported a net loss of Rs. 1,765.61 lakhs, compared to a loss of Rs. 1,475.69 lakhs in the same quarter of the previous year. This represents an increase in losses by approximately 19.6% year-over-year. The company's revenue from operations stood at Rs. 9,114.49 lakhs for the quarter.

Key Financial Highlights

The company's total expenses for Q1 were Rs. 10,749.75 lakhs, showing a decrease of 12.73% compared to Rs. 12,317.90 lakhs in the same quarter of the previous year.

Annual General Meeting and Board Decisions

The Board has scheduled the 20th Annual General Meeting (AGM) for September 22, to be conducted through video conferencing. Several important board-level decisions were also made, subject to shareholder approval at the upcoming AGM:

1. Re-appointment of Executive Directors:

   • Ms. Charu Munjal has been proposed for re-appointment as Executive Director.
   • Mr. Neeraj Munjal has been recommended for re-appointment as Managing Director for an additional five-year term, from April 1, 2026, to March 31, 2031.

2. Continuation of Independent Director:

   • The Board has recommended the continuation of Mr. Anil Kumar Gupta as a Non-Executive Independent Director beyond the age of 75 years.

3. Appointment of Secretarial Auditors:

   • M/s. Yogesh K & Associates, Practicing Company Secretaries, have been proposed for appointment as Secretarial Auditors for a period of five consecutive financial years.

Management Commentary

Neeraj Munjal, Managing Director of Shivam Autotech, brings 26 years of rich experience in the auto-component sector. He has been instrumental in conceptualizing near net shape forging technology within the company and has led its expansion to four units across different locations in India.

Looking Ahead

As Shivam Autotech navigates through challenging market conditions, the proposed board reappointments and continuation of experienced leadership suggest a focus on stability and long-term strategic planning.

The financial results and board decisions will be presented for shareholder approval at the upcoming Annual General Meeting on September 22.