Shivalik Bimetal Controls Limited

Shivalik Bimetal Controls reported a strong fiscal year 2026, marked by rising net profits and a 100% dividend payout, signaling continued shareholder returns. While the launch of the Pune plant has been slightly delayed due to regulatory approvals, the company maintains operations from its Solan facility and is investing surplus funds in permitted instruments. Notably, promoters have recently increased their stake through open market purchases, demonstrating confidence in the company's long-term growth prospects, even as one promoter seeks reclassification to public category, a procedural step under SEBI regulations.