This is a regulatory disclosure made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors of Shivam Autotech Limited is scheduled to meet on Wednesday, 1st July 2026. The primary agenda for the meeting is to consider and approve a proposal for fund raising.
The proposed method of fund raising is an offer and issuance of fully paid-up equity shares via a rights issue to the eligible equity shareholders of the company. The disclosure notes that another appropriate mode permitted under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 may also be considered.
The approval for the fund raising is subject to obtaining necessary regulatory and statutory approvals. The board will also consider related matters, including the constitution of a special committee of the board of directors and determining the size of the issuance.
The document states that any other matter may be taken up with the permission of the chairman.
The intimation letter was signed by Devendra Kumar Goyal, Chief Financial Officer, on 24th June 2026 at 22:07:35 IST.
A copy of the intimation is available on the company's website at www.shivamautotech.com.
Financial Impact: The disclosure does not quantify the amount to be raised or any other financial metrics related to the potential rights issue.