Date: 02-11-2026
Board Meeting Outcomes
- The Board of Directors at their meeting held on 02nd November, 2026 approved the expansion plan at Unit 4
- The expansion involves installation of additional 192 Water Jet (WJ) Looms along with necessary ancillary machinery
- Target commercial production by March, 2027
Expansion / Capex Details
Existing Capacity
- Existing capacity (All Units): 1,212 Water Jet Looms
- Annual production capacity: 349.05 million metres (Approx.) of greige fabric
- Existing capacity utilization: Approximately 85%
Proposed Capacity Addition
- Proposed addition: 384 Water Jet Looms in two phases of 192 looms each
- Aggregate annual production capacity addition: 110.60 million metres (Approx.) of greige fabric
- Upon completion of both phases, total installed capacity across all units will be 1,596 Water Jet Looms
- Total annual production capacity after expansion: 459.64 million metres (Approx.) of greige fabric
Implementation Timeline
- Phase 1: 192 Water Jet Looms by December, 2026
- Phase 2: Additional 192 Water Jet Looms by March, 2027
Investment Requirements
- Phase 1 (192 looms): Approximately Rs. 24.96 crore
- Phase 2 (192 looms): Approximately Rs. 24.96 crore
- Total Investment: Approximately Rs. 49.92 crore for 384 Water Jet Looms along with necessary ancillary machinery
Mode of Financing
- Internal Accruals and Debt
Rationale for Expansion
- Expected to broaden the Company's product portfolio
- Strengthen ability to attract high-value buyers and secure new order volumes
- Support development of long-term relationships with premium international brands
- Expected to improve cost efficiency and optimize capacity utilization