Shivam Autotech Limited — Others, 26-08-2025: Shareholders meeting

Shivam Autotech reported a reduced net loss of (48.04 Cr) for FY25, on revenue of 453.98 Cr, reflecting a challenging but improving market. The company increased its authorized share capital to 440 Cr and issued 92.73 lakh new shares to strengthen its financial foundation. Strategic initiatives include diversifying into EV components, off-road vehicles, and aluminum parts. A Qualified Institutional Placement and Rights Issue are planned to boost working capital and reduce high-cost debt. The Board approved the re-appointment of its Managing Director, Neeraj Munjal, for another five years, signaling continuity.