Shivalik Bimetal Controls (SBCL) — Board Meeting

📢 Key Event
Board approves Q1 FY26 results, appoints new auditors, and reappoints MD Kabir Ghumman

🔄 What Changed
New auditor appointed; MD reappointed; committees reconstituted

🔮 What's Next
42nd AGM scheduled for September 2, 2026

💡 Investor Takeaway
Shareholders gain clarity on auditor change and leadership continuity ahead of AGM

The board approved unaudited Q1 FY26 results showing revenue of ₹13.2 crores, net profit of ₹2.64 crores, and EPS of [amount context mismatch], alongside appointing Walker Chandiok & Co LLP as new statutory auditors for a 5-year term starting at the 42nd AGM on September 2, 2026. Managing Director Kabir Ghumman was reappointed, and several board committees were reconstituted. CFO resignation takes effect October 31, 2026, with AGM scheduled for September 2.

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About Shivalik Bimetal Controls Limited (SBCL)

Metals & Mining · Non Ferrous Metals · Listed on NSE

Market Cap: ₹6,036.63 Cr P/E: 56.9 ROE: 26.1% ROCE: 33.2% Div Yield: 0.38%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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