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The latest announcement is out from Shivam Autotech Limited ( (IN:SHIVAMAUTO) ).
Shivam Autotech Limited has issued a corrigendum to its postal ballot notice dated December 1, 2025, to address observations from the National Stock Exchange of India and BSE Limited regarding a proposed preferential issue. The company plans to issue unlisted, secured, redeemable, optionally convertible debentures to raise up to ₹120 crores, which will be used for repaying non-convertible debentures. This move could impact the company’s financial structure and stakeholder interests by potentially improving liquidity and financial stability.
More about Shivam Autotech Limited
Shivam Autotech Limited operates in the automotive industry, focusing on the production and supply of auto components. The company primarily deals with manufacturing gears, shafts, and other precision-engineered components for the automotive sector.
Average Trading Volume: 10,564
Technical Sentiment Signal: Sell
Current Market Cap: 3.52B INR
See more data about SHIVAMAUTO stock on TipRanks’ Stock Analysis page.