Announcement

Wednesday, June 16, 2010

Shivalik clarifies on reports of stake sale to ArcelorMittal

Shivalik Bimetal Controls clarified that media reports about ArcelorMittal is eying Shivalik is based on an unfounded suggestions that the company is a possible target for promoter buy out arrangement by ArcelorMittal.

The promoters of Shivalik Bimetal Controls hold 61.52% of issued

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