Shivam Autotech Limited (SHIVAMAUTO) — Board Meeting | 13 August 2026 (2 announcements)

Shivam Autotech's board approved unaudited Q1 results, set the AGM for September 25, 2026, and cleared a capital increase to Rs. 55 crores and Mr. Yogesh Munjal's reappointment, while also amending the Memorandum of Association pending shareholder approval.

Shivam Autotech disclosed a CARE Ratings monitoring report for its ₹120 crore preferential issue of optionally convertible debentures, confirming fund utilization details for Q1FY27. The report notes ₹6.85 crore was used to reimburse NCD repayments already made from company funds, and ₹4.99 crore remains unutilized from the long-term working capital allocation. While all statutory approvals were obtained and no major deviations occurred from prior monitoring reports, the company continues to report net losses (₹81.33 crore in FY26) driven by high finance costs, including redemption premiums on debenture repayments.