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The latest update is out from Shivalik Bimetal Controls Ltd ( (IN:SBCL) ).
Shivalik Bimetal Controls Ltd has received requests from several members of its promoter group to reclassify their shareholding from the ‘Promoter and Promoter Group’ category to the ‘Public’ category. This move, which is subject to approval by the company’s Board of Directors, could potentially impact the company’s governance structure and shareholder composition, reflecting a shift in the company’s strategic direction. The outcome of this request will be communicated to the stock exchange following the board’s decision.
More about Shivalik Bimetal Controls Ltd
Shivalik Bimetal Controls Ltd operates in the manufacturing industry, specializing in bimetal and thermostatic products. The company focuses on providing innovative solutions for temperature control and electrical applications, catering to a diverse market that includes automotive, electronics, and industrial sectors.
Average Trading Volume: 6,220
Current Market Cap: 32.13B INR
Learn more about SBCL stock on TipRanks’ Stock Analysis page.