Shivam Autotech Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

Shivam Autotech's board has given the green light to raise funds by issuing Secured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) amounting to up to ₹25 Crores. These debentures, offered through a private placement, will each have a face value of ₹10 lakh and offer an annual interest rate of 12.00%. The NCDs are secured by a first-ranking charge over specific company receivables, ensuring a protected investment structure for this fundraising initiative.