Nature of the Event

Regulatory disclosure under SEBI Listing Regulations (Regulation 30) regarding the outcome of the Board meeting of Shivam Autotech Limited held on October 08, 2026, approving the terms of a Rights Issue.

Key Quantitative Figures

  • Security Type: Fully paid-up Equity Shares of face value ₹2 each
  • Total Securities: Up to 10,00,00,000 (10 crore) Rights Equity Shares
  • Issue Price: ₹12 per Equity Share (including premium of ₹10 per share)
  • Issue Size: Up to ₹12,000 lakhs (₹120 crore)
  • Outstanding Equity Shares Pre-Issue: 13,14,95,219 Equity Shares of ₹2 each
  • Outstanding Equity Shares Post-Issue: 23,14,95,219 Equity Shares of ₹2 each (assuming full subscription)
  • Rights Entitlement Ratio: 19 Rights Equity Shares for every 25 fully paid-up Equity Shares held

Dates of Action

  • Board Meeting Date: October 08, 2026 (commenced at 12:00 PM IST, concluded at 02:45 PM IST)
  • Record Date: October 15, 2026 (for determining eligible shareholders)
  • Rights Issue Opening Date: October 22, 2026
  • Last Date for On-Market Renunciation: November 13, 2026
  • Issue Period: Not exceeding 30 days from opening date

Parties Involved

  • Stock Exchanges: National Stock Exchange of India Ltd (Scrip Code: SHIVAMAUTO), BSE Limited (Scrip Code: 532776)
  • Compliance Officer: Mehvish, Company Secretary and Compliance Officer

Terms and Conditions

  • Payment Terms: Full amount of ₹12 per Equity Share payable on application
  • Withdrawal: No withdrawal permitted after Issue Closing Date
  • Renunciation: Rights Entitlements can be renounced through on-market (until November 13, 2026) and off-market transfer
  • ISIN for Rights Entitlement: INE637H20024
  • Fractional Entitlements and Issue Schedule: To be included in the Letter of Offer

Additional Information

  • The Board adopted the Letter of Offer to be filed with stock exchanges
  • The Letter of Offer will be dispatched to eligible shareholders in due course
  • This intimation is being uploaded on the company's website: www.shivamautotech.com
  • All figures are subject to finalization of Basis of Allotment