Shivam Autotech Limited (SHIVAMAUTO) — Corporate Action

📢 Key Event
Board approved rights issue up to ₹12,000 Lakhs via equity shares with face value ₹2.

🔄 What Changed
Approved rights issue terms and draft offer letter for regulatory filings.

🔮 What's Next
Board will determine issue price, entitlement ratio, record date, and payment terms later and disclose them.

💡 Investor Takeaway
Shareholders may receive additional shares proportionally, potentially diluting existing holdings.

Shivam Autotech announced a rights issue to raise up to ₹12,000 Lakhs by issuing equity shares with a face value of ₹2, subject to regulatory approvals and a future record date, following board approval on July 1, 2026.

📄 View Original Announcement (PDF)

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About Shivam Autotech Limited (SHIVAMAUTO)

Automobile and Auto Components · Auto Components · Listed on NSE

Market Cap: ₹251.16 Cr

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

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