Shivalik Bimetal Controls Ltd Declares Interim Dividend of ₹2/Share

Shivalik Bimetal Controls Ltd, a leading manufacturer of bimetal strips, shunt resistors, and precision-engineered components, has declared an interim dividend of ₹2 per share. The decision highlights the company’s robust financial position and its dedication to enhancing shareholder value.

The interim dividend reflects Shivalik’s consistent performance in the engineering and electronics components industry, where demand for precision products continues to rise. By rewarding shareholders, the company reinforces its commitment to sustainable growth and investor trust.

Key Highlights

• Dividend Declared: Interim dividend of ₹2 per share.
• Board Approval: Decision taken by the company’s board of directors.
• Financial Strength: Reflects strong operational and financial performance.
• Sector Context: Growing demand for engineered components supports outlook.
• Investor Confidence: Reinforces focus on value creation and transparency.

Shivalik Bimetal Controls’ dividend announcement underscores its resilience and strategic approach, positioning the company for continued success in India’s engineering and electronics ecosystem.

Sources: Company announcement, Reuters, Business Standard