Kabir Ghumman increases stake in Shivalik Bimetal through inter-se transfer

Kabir Ghumman has acquired 2,086,200 equity shares of Shivalik Bimetal Controls Limited from Sumer Ghumman, as disclosed in a filing on September 2, 2025. This acquisition, classified as an inter-se transfer among promoter group members and structured as a gift, increases Kabir Ghumman’s stake in the company. The transaction was executed on August 28, 2025.

Prior to this acquisition, Kabir Ghumman held 300 shares, representing 0.00% of the total share capital. Following the acquisition, his shareholding now stands at 2,086,500 shares, equating to 3.62% of the company's diluted share capital. The transferor, Sumer Ghumman, previously held 4,173,000 shares (7.24%) and now holds 2,086,800 shares (3.62%).

The disclosure, made under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicates that the acquisition is exempt from the requirement for an open offer under Regulation 10(1)(a)(i). A prior disclosure of the proposed acquisition was filed with the stock exchanges on August 19, 2025, in compliance with Regulation 10(5).