NSEPress Release16 Jul 2026 · 16 Jul 2026, 02:39 pm

Press Release

Shivalik Bimetal Controls Limited · SBCL

✦ AI Summary▲ PositiveExpansion

Shivalik Bimetal Controls Limited has received Consent to Operate (CTO) from the Maharashtra Pollution Control Board for its Pune manufacturing facility (Phase-I), enabling the company to proceed with the phased operationalisation of the facility and expand its capabilities in value-added components and assemblies for automotive electrification and battery-related applications.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10

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Full Announcement

Shivalik Bimetal Controls Limited has informed the Exchange regarding a press release dated July 16, 2026, titled "Shivalik Bimetal Controls Limited receives Consent to Operate (CTO) for Pune facility (Phase-I)".

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SBCL_16072026143842_Press_Release__1_.pdf

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SBCL/BSE & NSE/2026-27/24 July 16, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Deptt. Exchange Plaza, Plot No. C/1, G-Block Bandra PJ Towers, 25th Floor, Dalal Street, Kurla Complex, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Code No. SBCL Code No. 513097 Sub: Regulation 30: Press Release Dear Sir/Madam, Please find attached herewith a copy of the Press Release dated 16th July, 2026. The same is also being uploaded on website of the Company at www.shivalikbimetals.com. You are requested to take the above on record. Thanking you, For Shivalik Bimetal Controls Limited Aarti Sahni Company Secretary M. No: A25690 Encl: As above Shivalik Bimetal Controls Limited receives Consent to Operate (CTO) for Pune facility (Phase-I) New Delhi, July 16, 2026: 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 battery- related 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.” Shivalik Bimetal Controls Limited. Founded in 1984 and headquartered in New Delhi, Shivalik Bimetal Controls Limited is a specialised engineering and advanced manufacturing company with integrated capabilities across precision materials, current-sensing components, switching solutions and value-added assemblies. The Company manufactures thermostatic bimetal / trimetal strips, low-ohmic shunt resistors, electrical contacts, PCBA and busbar assemblies used across electrical, electronics, automotive, industrial, switchgear, smart metering, battery management and energy management applications. Its products serve high-reliability use-cases where accuracy, consistency, thermal control, current sensing and switching performance are critical. Shivalik’s business model is built on proprietary process know-how across Electron Beam Welding, Diffusion Bonding, Cold Bonding and precision strip processing, combined with growing capabilities in integrated components and assemblies. This enables the Company to support OEM and Tier-1 customers with precision materials and components with higher-value solutions that improve customer relevance, deepen wallet share & strengthen long-term revenue visibility. With manufacturing facilities in Chambhaghat and Kather, Solan and Pune, and a skilled team of approximately 1,000 people, Shivalik serves more than 300 customers globally. The Company’s technology base, long-standing customer relationships, application-led product portfolio and disciplined balance sheet position it well to benefit from structural demand across electrification, smart metering, current sensing, switching, energy efficiency & advanced industrial applications. Company Contact: Mr. Rajeev Ranjan – Chief Financial Officer rranjan@shivalikbimetals.com Investor Relations: Dickenson World Shankhini Saha shivalik@dickensonworld.com