Shivalik Bimetal Controls Ltd. announced that Mr. Sumer Ghumman and M/s O D Finance and Investment Pvt. Ltd. will acquire a total of 33,79,400 equity shares (5.87% of share capital) from M/s TSL Holdings Pvt. Ltd. as part of an internal restructuring, with the shares priced at a market-dependent rate not exceeding Rs. 594.56 per share.