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SBCL Declares 100% Interim Dividend, Approves Financial Results & New Pune Facility

Shivalik Bimetal Controls Limited

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February 5, 2026, 12:04 PM

Shivalik Bimetal Controls declared a 100% interim dividend (₹2 per share) with a record date of Feb 13, 2026. The company approved Q3 FY26 results and is setting up a new manufacturing facility in Pune for Automotive Busbars/Connectors. Investment is ₹20 crore, with launch expected in April 2026. A corporate guarantee of ₹7 crore was also provided to its subsidiary.

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Shivalik Bimetal Controls Limited (SBCL) announced its financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved the Un-audited Standalone and Consolidated Financial Results.

In a significant move, the Board declared an interim dividend of 100%, amounting to ₹2 per equity share on 57,604,200 equity shares. The record date for this dividend has been fixed as Friday, February 13, 2026, with the dividend to be paid on or before March 6, 2026.

The company also provided corporate guarantee to its wholly-owned subsidiary, Shivalik Engineered Products Private Limited, for a credit facility of ₹7 crore (₹5 crore working capital and ₹2 crore term loan) from HDFC Bank. This guarantee is extended on an arm's length basis and is considered a contingent liability.

Furthermore, SBCL is establishing a new manufacturing facility in Pune, Maharashtra, to produce Automotive Busbars/Connectors and their assemblies. This facility will have a proposed capacity addition of 1 million Busbars and 40,000 Assemblies per month, with investment of ₹200 million (₹20 crore) financed through internal accruals. The new product line is expected to be launched in April 2026, with capacity addition in phases beginning from Q1 FY2026-27, catering to both domestic and international markets and supporting e-mobility and energy storage applications.

The Board meeting commenced at 12:00 PM and concluded at 4:45 PM IST on February 5, 2026.

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