Shivalik Rasayan Limited (SHIVALIK) — Board Meeting | 27 July 2026

Shivalik Rasayan Limited announced an EGM on August 20, 2026, to seek shareholder approval for a preferential issue of up to 372,000 equity shares at Rs. 250 per share and up to 948,000 fully convertible warrants at Rs. 250 per warrant, raising nearly Rs. 33 crore total. Proceeds will fund R&D, equipment purchases, and general corporate purposes, with utilization timelines extending to 2029. The issue complies with SEBI ICDR Regulations and requires a special resolution under Sections 42 and 62 of the Companies Act. Record date for e-voting eligibility is August 13, 2026, with voting open from August 17 to 19 via CDSL and NSDL platforms.