Corporate News     12-Apr-22
Shivalik Bimetal Controls signs agreements to acquire stake in JVs
Shivalik Bimetal Controls has signed an agreement to purchase the 50% shareholding from the joint venture partner, PortWest Corporation (Formerly known as Checon Corporation USA) in Checon Shivalik Contact Solutions (CSCS), consequent to which “CSCS” will become a wholly owned subsidiary of the Company, following the completion of the procedural requirements.

The company will also acquire 55% shareholding from the associate partners, Ultra Portfolio Management and O D Finance and Investment in Shivalik Bimetal Engineers (SBEPL), consequent to which “SBEPL” will become a wholly owned subsidiary of the Company, following the completion of the procedural requirements.

Previous News
  Shivalik Bimetal Controls
 ( Results - Analysis 30-May-24   07:10 )
  Shivalik Bimetal Controls
 ( Results - Analysis 01-Aug-23   07:26 )
  Shivalik Bimetal Controls consolidated net profit rises 48.76% in the March 2023 quarter
 ( Results - Announcements 17-May-23   16:37 )
  Shivalik Bimetal Controls
 ( Results - Analysis 08-Feb-23   01:36 )
  Shivalik Bimetal Controls fixes record date for interim dividend
 ( Market Beat - Reports 25-Jan-22   18:13 )
  Shivalik Bimetal Controls consolidated net profit rises 19.39% in the March 2024 quarter
 ( Results - Announcements 29-May-24   14:04 )
  Board of Shivalik Bimetal Controls approves incorporation of wholly owned subsidiary in Italy
 ( Corporate News - 29-May-24   14:25 )
  Shivalik Bimetal Controls standalone net profit rises 78.80% in the March 2018 quarter
 ( Results - Announcements 30-May-18   17:40 )
  Shivalik Bimetal Controls schedules board meeting
 ( Corporate News - 27-Jan-22   10:35 )
  Shivalik Bimetal Controls to announce Quarterly Result
 ( Corporate News - 25-Jun-20   17:15 )
  Shivalik Bimetal Controls standalone net profit rises 60.69% in the September 2018 quarter
 ( Results - Announcements 05-Nov-18   17:22 )
Other Stories
  Share India Securities allots 16.92 lakh equity shares on conversion of warrants
  06-Jul-24   13:11
  Tinna Trade raises Rs 49 cr to fund its growth plans
  06-Jul-24   11:10
  Integra Essentia announces merger with G G Engineering
  06-Jul-24   11:05
  Ugro Capital to raise Rs 75 cr via NCD issuance
  06-Jul-24   10:58
  Board of D.P. Abhushan approves preferential allotment of shares and warrants
  06-Jul-24   10:50
  Life Insurance Corporation of India invest Rs 14 cr in Sri Lankan subsidiary
  06-Jul-24   10:49
  High Energy Batteries (India) to discuss results
  06-Jul-24   10:29
  Havells India schedules board meeting
  06-Jul-24   10:29
  Axis Bank announces board meeting date
  06-Jul-24   10:29
  Mastek to conduct board meeting
  06-Jul-24   10:29
Back Top