Shivam Autotech Limited — Important, 15-02-2025: General Updates

India Credit Opportunities Fund II has requested the conversion of ₹25 crore in Optionally Convertible Debentures (OCDs) into 92,72,997 fully paid-up equity shares. This conversion, aligned with the pre-determined terms of the OCD issuance, will proceed as planned. Following this, Shivam Autotech Limited will carry out the necessary actions for allotting the equity shares to the fund. This development may enhance the company's equity base and is a noteworthy operational change that investors should monitor closely for its potential impact on share valuation and liquidity.