Shivalik Bimetal Controls (SBCL) — Announcement

📢 Key Event
Board approves Q1 results, reappoints MD, names new auditor, schedules AGM

🔄 What Changed
New auditor appointed; CFO resignation disclosed

💡 Investor Takeaway
The auditor change and leadership updates signal governance adjustments ahead of upcoming AGM and financial reporting cycles.

Shivalik Bimetal Controls announced on August 6, 2026, that its board approved unaudited Q1 FY2026 results, reappointed Managing Director Kabir Ghumman, reconstituted audit and committee panels, and set September 2 as the record date for its 42nd AGM. The filing also disclosed CFO Rajeev Ranjan's resignation effective October 31, 2026, and appointed Walker Chandiok & Co LLP as the new statutory auditor following Arora Gupta & Co.'s resignation due to resource constraints amid growth.

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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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