🚨 Shivalik Bimetal Controls —

regulatory clearance just landed for the Pune plant.

MPCB Consent to Operate received (Water Act + Air Act + Hazardous Waste Authorization) for Pune Facility Phase-I — the key gate before commercial production can start.

Why this matters 👇

⚙️ This is the ₹20 cr busbar + PCBA facility for EV/battery connectors —

management has guided ₹70-75 cr revenue in FY27, scaling to ₹250-350 cr over 3 years

🏭 Capacity: ~1 million busbars + 40,000 assemblies/month, ramping in phases from Q1 FY27

💰 Entirely funded via internal accruals — zero debt, zero dilution

🔌 Plugs SBCL straight into EV, BESS & grid electrification themes — moving up the value chain from raw strip to finished assemblies

Consent to Operate = the regulatory bottleneck is cleared.