Shivom Investment & Consultancy Ltd will hold its AGM on July 7, 2026. Key agenda items include a ₹500 crore borrowing limit, ₹200 crore investment limit, and appointment of new directors. The company is reviving post-CIRP and expects commercial production to start next fiscal year.

Shivom Investment & Consultancy Ltd

Shivom Investment & Consultancy Limited has scheduled its 36th Annual General Meeting (AGM) for July 7, 2026. The meeting will seek shareholder approval for significant governance and financial resolutions.

What just happened

The company plans to approve a new Memorandum of Association (MOA) and Articles of Association (AOA). It will also vote on a borrowing limit of up to ₹500 crore and an investment limit of ₹200 crore for group entities. New directors will be appointed, and the Managing Director's remuneration will be finalized.

Why this matters

These resolutions are crucial for Shivom Investment as it transitions out of the Corporate Insolvency Resolution Process (CIRP). The increased financial limits signal preparedness for future operations and expansion. The appointment of new leadership aims to stabilize and guide the company's revival.

The backstory

Shivom Investment & Consultancy Ltd is currently in a revival phase after undergoing CIRP. The company has noted an 'inadequacy of profits' for the past financial year. It is engaged in the manufacture of metal and metal-based products and has not yet commenced full-scale operational activities, with commercial production anticipated in the next fiscal year.

What changes now

Upon shareholder approval, the company will have enhanced financial flexibility to support working capital, capital expenditure, and expansion projects. The new board appointments will formalize the leadership structure.

Risks to watch

The primary risk remains the company's ability to commence commercial production as planned and achieve profitability, given the current 'inadequacy of profits'. The reliance on borrowing and investment limits underscores the need for successful operational ramp-up.

Context metrics (time-bound)

• AGM Date: July 7, 2026
• Proposed Borrowing Limit: ₹500 Crore
• Proposed Investment Limit: ₹200 Crore
• MD Remuneration: ₹1,20,000 per month (proposed scale: ₹1.25L - ₹3.5L)
• Director Terms: Mr. Vagadiya (5 years), Ms. Patel & Ms. Pambhar (2 years each)

What to track next

Investors should closely monitor the commencement of commercial production and the company's financial performance in the upcoming fiscal year. The effective utilization of the approved borrowing and investment limits will also be key.