Shivalik Bimetal Controls Limited receives Consent to Operate for Pune facility - Phase-I

Shivalik Bimetal Controls Limited ("SBCL" or "the Company") has received Consent to Operate from the Maharashtra Pollution Control Board for its Pune manufacturing facility (Phase-I).

The approval, valid until June 30, 2032, enables SBCL to proceed with the phased operationalisation of its Pune facility, with commercial production to be scaled in line with customer qualifications, programme schedules and commercial requirements. The facility expands the Company's capabilities in value-added components and assemblies for automotive electrification and batteryrelated applications, including bus-bar connectors and PCBA assemblies, and supports its strategy of serving OEM and Tier-1 customers with more integrated, high-precision solutions.

Mr. Sumer Ghumman, Whole-time Director, Shivalik Bimetal Controls Limited, said: "The Consent to Operate is an important milestone in the operationalisation of our Pune facility (Phase-I). The approved capacity provides a scalable manufacturing platform for Cell Connecting Systems and supports our strategy of increasing participation in value-added components and assemblies. It represents an important extension of Shivalik's model, bringing together our strengths in materials science, precision joining, electronics and application engineering on a single platform.

The next phase is disciplined industrialisation: completing customer and process qualifications, establishing repeatable production systems and scaling in line with programme requirements. Over time, this should enable us to deepen our participation in automotive and electrification applications, while increasing the value we deliver to OEM and Tier-1 customers."

Shares of SHIVALIK BIMETAL CONTROLS LTD. was last trading in BSE at Rs. 722.00 as compared to the previous close of Rs. 716.15. The total number of shares traded during the day was 6885 in over 397 trades.

The stock hit an intraday high of Rs. 736.45 and intraday low of 712.00. The net turnover during the day was Rs. 4980827.00.

Source : Equity Bulls

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