Shivam Autotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/08/2025 ,inter alia, to consider and approve meeting of the Board of Directors ....
SHIVAMAUTO · price
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Shivam Autotech Ltd has informed stock exchanges about a Board of Directors meeting scheduled for Friday, 08 August 2025, to be held via video conferencing. The key agenda item is to consider and approve the issuance of Non-Convertible Debentures (NCDs) by the company, with terms and conditions to be determined by the Board. This intimation is filed under Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Further details regarding the NCD issuance, including size, pricing, and tenure, will be disclosed after the meeting concludes.
This is a debt-raising move through NCDs rather than equity dilution, which may increase the company's debt burden but avoids shareholding dilution. Investors should watch for post-meeting disclosures on the size, coupon, and purpose of the NCD issuance to assess its impact on the company's leverage and future cash flows.