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An update from Shivam Autotech Limited ( (IN:SHIVAMAUTO) ) is now available.
Shivam Autotech Limited has announced a postal ballot to seek shareholder approval for several special business resolutions. These include the issuance of unlisted, secured, redeemable, optionally convertible debentures on a preferential basis, granting special rights pursuant to an OCD subscription agreement, amending the articles of association, and revising borrowing limits under specific sections of the Companies Act. This move is aimed at strengthening the company’s financial structure and operational flexibility, potentially impacting its market position and stakeholder interests.
More about Shivam Autotech Limited
Shivam Autotech Limited operates in the automotive industry, specializing in the manufacturing of auto components. The company focuses on producing a range of products including gears, shafts, and other precision-engineered components for various automotive applications.
Average Trading Volume: 12,745
Technical Sentiment Signal: Sell
Current Market Cap: 3.77B INR
Find detailed analytics on SHIVAMAUTO stock on TipRanks’ Stock Analysis page.