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 fixes record date for bonus issue
 ( Market Beat - Reports 30-Sep-22   10:24 )
  Shivalik Bimetal Controls update on leadership transition and shareholding changes
 ( Corporate News - 26-Sep-24   18:52 )
  Shivalik Bimetal Controls
 ( Results - Analysis 17-Aug-24   07:16 )
  Shivalik Bimetal Controls to hold AGM
 ( Corporate News - 30-Aug-22   20:04 )
  Shivalik Bimetal Controls standalone net profit declines 37.01% in the December 2019 quarter
 ( Results - Announcements 12-Feb-20   12:44 )
  Shivalik Bimetal Controls signs MoU with Metalor Technologies International SA
 ( Corporate News - 24-Nov-23   18:33 )
  Shivalik Bimetal Controls to announce Quarterly Result
 ( Corporate News - 25-Jul-23   10:27 )
  Shivalik Bimetal Controls to convene board meeting
 ( Corporate News - 01-Feb-24   16:38 )
  Board of Shivalik Bimetal Controls recommends final dividend
 ( Corporate News - 29-May-24   15:56 )
  Shivalik Bimetal Controls consolidated net profit rises 124.57% in the December 2020 quarter
 ( Results - Announcements 13-Feb-21   11:13 )
  Shivalik Bimetal Controls consolidated net profit rises 156.63% in the September 2021 quarter
 ( Results - Announcements 02-Nov-21   18:22 )
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