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Shivalik Bimetal Controls Limited

ExitedQuarterly
SBCLIron & Steel ProductsMarket Cap₹7K Cr
UTI Mutual Fund
UTI Mutual Fund
Mutual Fund
The move

UTI Mutual Fund, which previously held 2.88 percent of Shivalik Bimetal Controls Limited, is no longer listed among its named shareholders, indicating either a complete exit or a reduction in its stake to below the 1 percent disclosure threshold.

About Shivalik Bimetal Controls Limited
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A manufacturer of thermostatic bimetal and trimetal strips, Shivalik Bimetal Control produces specialized components, shunt resistors, and clad metals for diverse industrial applications. Incorporated in 1984, the company operates in the iron and steel products sector, serving customers across multiple industries with precision-engineered thermal and electrical solutions. Its focus remains on delivering high-quality specialized metal components and materials for demanding applications.

About UTI Mutual Fund
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India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.

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Shivalik Bimetal Controls Limited
More moves in Shivalik Bimetal Controls Limited
Bank of AmericaNew position
Bank of America bought 396,348 shares of Shivalik Bimetal Controls for ₹41.05 Cr at ₹1035.70 apiece in a bulk deal.
10 Aug 2026
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Franklin Templeton Mutual FundExited
Franklin Templeton Mutual Fund, last reported with a 2.01 percent stake in Shivalik Bimetal Controls Limited, has disappeared from the company's latest disclosed shareholder list, indicating either a complete exit or a reduction to under the 1 percent disclosure threshold.
21 Jul 2026
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DSP Mutual FundExited
DSP Mutual Fund, which previously held 1.7 percent of Shivalik Bimetal Controls Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting requirement.
21 Jul 2026
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Sundaram Mutual FundExited
Sundaram Mutual Fund's 1.39 percent position in Shivalik Bimetal Controls Limited has disappeared from the latest filing, leaving open whether it was a full exit or a slide beneath the 1 percent line that triggers disclosure.
21 Jul 2026
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SBI Mutual FundDecreased
SBI Mutual Fund decreased its stake in Shivalik Bimetal Controls Limited from 4.08% to 2.45% by selling 941,733 shares. This reduction occurred in the context of a rights issue.
21 Jul 2026
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