Shivalik Bimetal Controls Ltd announces open market acquisition of shares by Promoter & Promoter Group

Shivalik Bimetal Controls Limited ("SBCL") today informed that members of its Promoter & Promoter Group have acquired equity shares of the Company through open market purchases on 27th March, 2026 and 30th March, 2026. The aggregate acquisition comprises 241,000 equity shares, representing approximately 0.42% of the Company's equity share capital.

The acquisitions comprised 86,750 shares by Mr. Kabir Ghumman, 86,750 shares by Mr. Sumer Ghumman, and 67,500 shares by Sirmaur Hospitality Pvt. Ltd.

Mr. Kabir Ghumman, Managing Director, said: "We remain confident in Shivalik's longterm future and in the strength of the business we are continuing to build. These purchases reflect our belief in the Company's direction and the opportunities ahead."

The requisite disclosures in relation to the above transactions have been made in accordance with applicable regulatory requirements.

Shares of SHIVALIK BIMETAL CONTROLS LTD. was last trading in BSE at Rs. 388.85 as compared to the previous close of Rs. 374.65. The total number of shares traded during the day was 53014 in over 1010 trades.

The stock hit an intraday high of Rs. 407.80 and intraday low of 369.45. The net turnover during the day was Rs. 20899678.00.

Source : Equity Bulls

Keywords

SHIVALIKBIMETALCONTROLS INE386D01027 ElectronicComponents StakeIncrease PromoterGroup MarketAcquisition