Amendment to AOA/MOA

SBCL/BSE & NSE/2026-27/28 06th August, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Deptt. Exchange Plaza, Plot No. C/1, G-Block Bandra Kurla PJ Towers, 25th Floor, Dalal Street, Complex, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Code No. SBCL Code No. 513097 Sub: Outcome of Board Meeting of Shivalik Bimetal Controls Limited (‘the Company”) held today i.e 06th day of August, 2026 Dear Sir/Madam, In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), we wish to inform you that the Board of Directors of the Company in its meeting held today i.e. 06th day of August, 2026, has inter alia considered and approved the following(s); 1. The un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026. Copy of the aforesaid results along with the Limited Review Report is enclosed herewith; 2. The Board has noted and accepted the resignation of M/s. Arora Gupta & Co. Chartered Accountants, (FR No. 021313C), from the position of Statutory Auditors of the Company as well as the subsidiary Companies i.e Shivalik Engineered Products Private Limited and Shivalik Bimetal Engineers Private Limited; 3. Mr. Kabir Ghumman, Managing Director (DIN: 0129480), who is eligible and offer himself for re- appointment in the forthcoming 42nd Annual General Meeting under retire by rotation; 4. Cost Audit Report for the financial year ended March 31, 2026; 5. Re-appointment of Mr. Ramawatar Sunar, Cost Accountant, as a Cost Auditor of the Company for the Financial Year 2026-27 and fix remuneration, subject to ratification of shareholders in the 42nd Annual General Meeting; 6. Alteration of the Articles of Association of the Company, subject to the approval of the shareholders in the 42nd Annual General Meeting; 7. Based on the recommendation of the Audit Committee and subject to the approval of shareholders of the Company, the Board of Directors of the Company has approved the appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) as the Statutory Auditor of the Company to fill the casual vacancy caused by the resignation of M/s. Arora Gupta & Co., Chartered Accountants, from 06 August, 2026 upto the ensuing AGM of the Company; and to recommend the appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) to the shareholders of the Company for a term of five (5) consecutive years effective from the date of the ensuing AGM of the Company upto 47th AGM of the Company. 8. Appointment of M/s. Malik S. & Co., Chartered Accountants, Chartered Accountants as Tax Auditors of the Company for the Financial Year 2026-27; 9. Director(s) Report along with annexures includes Corporate Governance Report, Business Responsibility and Sustainability Report, Management Discussion and Analysis Report for the financial year 2025-26; 10. To schedule 42nd (Forty-second) Annual General Meeting (“AGM”) of the Shareholders of Shivalik Bimetal Controls Limited will be held through video conferencing or other audio visual means on Wednesday, the 02nd day of September 2026 at 10.30 AM; 11. Fixing Wednesday, August 26, 2026, as the Record Date for the purpose of payment of Final Dividend for the Financial Year 2025-26. 12. The Board has re-appointed M/s Amit Saxena and Associates, Company Secretaries as a scrutinizer for the purpose of e-voting for the forthcoming 42nd Annual General Meeting, subject to the provisions of Companies Act, 2013; 13. Reconstitution of the following committees of the Board: Name of Committee Composition Category Designation Audit Committee Mr. N. P. Sahni Non-Executive Independent Chairman Mr. Sudhir Mehra Non-Executive Independent Member Mr. Sumer Ghumman Whole Time Director Member Mr. Shrikant Baldi Non-Executive Independent Member Stakeholder Mrs. Sudhir Mehra Non-Executive Independent Chairman Relationship and Share Mr. N. S. Ghumman Chairman & Whole Time Member Transfer Committee Director Mr. Sumer Ghumman Whole Time Director Member Corporate Social Mr. N. S. Ghumman Chairman & Whole Time Chairman Responsibility Director Committee Mr. Sumer Ghumman Whole Time Director Member Mr. Shrikant Baldi Non-Executive Independent Member Nomination and Mr. Sudhir Mehra Non-Executive Independent Chairman Remuneration Mr. N.P. Sahni Non-Executive Director Member Committee Mr. Shrikant Baldi Non-Executive Independent Member Mr. N.S. Ghumman Chairman & Whole Time Chairman Director Risk Management Committee Mr. Kabir Ghumman Managing Director Member Mr. Shrikant Baldi Non-Executive Independent Member 14. Resignation of Mr. Rajeev Ranjan, Chief Financial Officer w.e.f. Close of business hours of October 31, 2026. The details as required to be disclosed in terms of SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is given in Annexure-I and II as enclosed to this letter. In terms of Regulation 30 of the SEBI (LODR), 2015, it may further be noted that Board meeting commenced at 12.00 Noon and concluded at 04.00 PM (IST). Kindly take the above on record and acknowledge receipt. Thanking you. For Shivalik Bimetal Controls Limited Aarti Sahni Company Secretary & Compliance Officer M. No: A25690 Encl: As above Annexure-I In terms of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirement) Regulation, 2015 read with Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023: Mr. Kabir Ghumman 1. Reasons for change viz. appointment, re- Retire by Rotation appointment, resignation, removal, death or otherwise; 2. Date of Appointment/re-appointment & term of Original Date: 29.08.2024 appointment/ re-appointment Date of Re-appointment: (Subject to approval of Shareholders in the upcoming Annual General Meeting) 3. Brief Profile Mr. Kabir Ghumman (DIN: 01294801) Managing Director of the Company. Mr. Kabir is a qualified Engineer holding Bachelors-Mech. Engineering. He is responsible for the supervision of all technical and process engineering aspects of the Company at the manufacturing unit. With his exposure and experience in the designing and optimization of use of machinery has developed good understanding of manufacturing processing. His scope of work covers his full involvement in the mechanical engineering aspects of the company at plant. Mr. Kabir Ghumman has been associated with the Company from last 16 years and meanwhile gave his best for its immense growth. 4. Disclosure of relationships between directors (in Son of Mr. N.S. Ghumman, Chairman and case of appointment of director) (if any) Whole Time Director and Brother of Mr. Sumer Ghumman, Whole Time Director Further, in terms of NSE Circular No. NSE/CML/2018/24 dated June 20, 2018, it is confirmed that the persons appointed as Director above are not in the list of restrained persons as a Director and are not debarred from holding the office by virtue of any SEBI Order or any other authority. Annexure- II In terms of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirement) Regulation, 2015 read with Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023: Cost Auditor Statutory Auditor Tax Auditors 1. Reasons for change Re-appointment for the FY 2026-27 Resignation w.e.f August 6, 2026 Appointment w.e.f. August 7, 2026, Appointment for the FY 2026-27 viz. appointment, re- upto the date of annual general appointment, meeting to fill the casual vacancy on resignation, removal, resignation of existing auditor. death or otherwise; Further, the board has proposed to appoint for a term of 5 years in the upcoming annual general meeting. 2. Date of Date of appointment: August 6, 2026 for Date of resignation: August 6, 2026 Date of appointment: August 7, 2026, Date of appointment: August 6, 2026, Appointment/re- the FY 2026-27, subject to ratification of subject to approval of shareholde [Showing first 8,000 characters — download PDF for full document]