Shivam Autotech Limited — Updates

Shivam Autotech Limited has informed stock exchanges that it is updating its security identifier. This change involves the issuance of a new ISIN, or International Securities Identification Number, specifically for its upcoming rights entitlements. This administrative update is necessary to ensure the new securities are correctly tracked and traded in the market.

For investors, this change is primarily a procedural update that does not alter the company's financial standing or the value of the underlying shares. However, it is important to note that the new ISIN will apply to the rights entitlements, not the existing equity shares. Investors holding these entitlements will need to use the new identifier for their records and trading activities.

Investors should monitor the company's official announcements for the exact timeline of the rights issue and the record date. It is also advisable to check your demat account to ensure the new ISIN is reflected correctly once the entitlements are credited. This will ensure smooth processing of your rights entitlements.