Shivalik Bimetal Controls Limited — Important, 25-02-2025: Updates

Shivalik Bimetal Controls Ltd. has reported violations of the Code of Conduct regarding insider trading by designated persons, including a purchase of four equity shares at ₹444.05 without prior approval. The matter is currently pending action by the Audit Committee, which will ultimately decide the next steps and inform the stock exchanges accordingly. This incident highlights compliance challenges within the company and may impact its regulatory standing. Investors should monitor the situation closely, as the Audit Committee's findings could have implications for governance and transparency within Shivalik Bimetal Controls.