General Updates

SBCL/BSE & NSE/2026-27/30 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 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) — Intimation of Resignation of Statutory Auditors (In wholly Owned Subsidiaries) Respected Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform that the Board of Directors (“Board”) of the Company at its meeting held today i.e., Thursday, August 06, 2026, noted the resignation of M/s Arora Gupta & Co., Chartered Accountants (FRN: 021313C), from the position of being the Statutory Auditors of Shivalik Engineered Products Private Limited as well as Shivalik Bimetal Engineers Private Limited (wholly-owned subsidiaries of the Company) w.e.f. August 06, 2026. The requisite details with respect to the aforesaid resignations as required under Regulation 30 of the SEBI Listing Regulations and relevant circulars issued in this regard are given herewith as Annexure-A. Copy of the said resignation letters along with prescribed format under SEBI regulations as Annexure - B received from M/s Arora Gupta & Co. are enclosed herewith. You are requested to take the same on record. Thanking you, For Shivalik Bimetal Controls Limited Aarti Sahni Company Secretary M. No.: A25690 Annexure - A Disclosure pursuant to Schedule III of Regulation 30 of SEBI Listing Regulations read with SEBI Circular no. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023 1) Resignation of M/s Arora Gupta & Co., Chartered Accountants (FRN: 021313C) as Statutory Auditors of Shivalik Engineered Products Private Limited. S. No. Particulars Event 1. Reasons for change viz. appointment, re- Resignation w.e.f August 6, 2026 appointment, resignation, removal, death or otherwise; 2. Date of Appointment/re-appointment & term of 01.08.2022 appointment/ re-appointment Term – 5 years 3. Brief Profile Not Applicable 4. Disclosure of relationships between directors (in Not Applicable case of appointment of director) (if any) 2) Resignation of M/s Arora Gupta & Co., Chartered Accountants (FRN: 021313C) as Statutory Auditors of Shivalik Bimetal Engineers Private Limited. S. No. Particulars Event 1. Reasons for change viz. appointment, re- Resignation w.e.f August 6, 2026 appointment, resignation, removal, death or otherwise; 2. Date of Appointment/re-appointment & term of 27.06.2022 appointment/ re-appointment Term – 5 years 3. Brief Profile Not Applicable 4. Disclosure of relationships between directors (in Not Applicable case of appointment of director) (if any) I L. • · I• s of g • re P ,o a Sir( )/M e f r o our appoin ment as he Statutory Auditors •of S ivalik Engi ee ed Prod. Pi ate om any ) pur uan o he resolu ion passed by the share.holders at the nnua Ge e aJ ee rng e 0 ---·· I e • A gus 2022, hereby e were appointed to hold office for a term of five c,onsecu. ·ve ea s C 5 0 of he Annual Ge eral Meeting to be held in respect of the· financia year 2026-2027. Du ing our enure, e have completed the statutory audits of the Company's standalone i'nanc al to and including the financial year e.nded 31 March 2026. We have also completed e Li ited e ,e o C any's u audi e standalone financia results for the quarter ended 30 June 2026. A er careful consideration and due deliberations, we hereb•y tender our resigna ion as t e 5 a o U f OS 0 t e Company w·th ·mmediate effect due to our inability to continue in h·e said capac.i o e as s s below· became wholly owned Subsidiary of al Co ro/s Ever Since, the Company (WOS} Sh;valik Bime Company) and also over the recent period the company has witnessed signijican g o ~- i complexity of its operaoons/enlarged applicability of accountings andards/com /ia ces jn J applicable to listed company. Consequently/ the scope/ volume and resource require e statu audit have substantially. of existing professional ory increased In view our co ; ... ..,,., difficulty in resources with he ed deploying adequa e audi commensurate e pan u e ui Company, we our inability o continue or of regret as the 5 atutory Audi e Co ,. ., • ti I ol ly 0 OU f so s 0 Sig b man r ;sagr w he Di or m .n ve f J I s r • 2. I I I . . ) fv; I I I SI I gu a • in10 t I r • r ) I t r I , I • I I I I I II , ber • o. 1 8 t d rn d u r• t . u r h • • 1 V r Tri s ltn• l JO 5 1- 012 7 56 • ti n rth t • idJ n ppo1n1 In· i n ttll 1.: lll- LO .2 ha h th t nn th 1 ory udit ·renn o uld h ,~ p1• the • n l t b Id in rel ti 10n l 1ffl.fr2 1. p ·or • limit R iew Report n I b th udit 1d dal n r th qw r ended J • bmitt fl \l OG. 2 l u 1 • ·1 d r on; it din tl1 r 5. In c f , e m u h n Appli abl m luding ppr 1ng 1 ng 'th muru m udit d . In in rm I• 0 :q ~d by ud1 r uh n t pli >1 not vid , th 11 an h 11 d. l t 11 d, VJ• n d rn nt-imp limit.ati I th m sem b. h th J ti d igr11fi 1• mpa th I n I J tt dit r r1 nn I m b n th udi I id d J 1 S I rm, ti 1n r} p rt Jj r1.: uJ I a 1. th n: l I I Delhi e e o o a o·n ment a he Statutory Auditor of Shivalik Bime1al En ineers Priva e ,Lj~ i ed ( C,o an ) pu s nt o he resolution passed by the shareholders at the Annual General Meeti g eld o, 2 22 e eb e ere appointed to hold office for a term of five consecutive years until t e concl o o Ge eral Meeting t o be held in respect of the financial year 2027. Du ing ou ten ure, we have completed the statutory audits of the Company's standalone and conso ida e f1 , ancial statements up o and including the financial year ended 31 March 2026. We have also comp e he Lim ·ted Review of he Company's unaudited standalone and consolidated financial results fort e u rter nd d 30June 2026. Afte c e ul considera ion and due deliberations, we hereby tender our resigna ion as t he Statut ory of he C any with • e iat e effect du e to our inabiJ·ty to cont inue in the said cap city f or th e so s belo : Ever since the Company became wholly owned Subsidiary (WOS} of Shivalik Bimetal Control Limite ( • company), enlarged applicability of accoun·ting standards/compliances including the reg'ulation as p Ii ... JiJ/e I s ed company have become operative. Consequently, the scope and resource requirements f or c nduc i s a u ory audit have increased substantially. In view of our existing professional commitmen ts nd I difficulty in deployin g adequate audit resources commensurate with the expanded audi r quir Company we regret our inability to con tinue as th Statutory Auditors of the Company. '✓ econ ir ha : 1. 0 r is solely on account of th on d abov and • n 0 r1 f h he · •a nagem o he Board of ire ors of h P n . 2. n ifi d or p d y r u r ud, i I • r ul n• • f vof ·ng n m f our • I 10 u b rou h I• I .I ' gula o s by s 0 I I a r r I • I • I I ' u • II i . • I r I pl• r• o , q • r • lo u Ii I , Lis - g O IJ '• r• s) 1r I I II r I C 1 I I 2 3, I Ii • I I r ' J I lJ II ,