Trading Symbol: BOROSCI
Date: September 22, 2026
Board Meeting Outcomes
The Board of Directors of Borosil Scientific Limited approved a proposal for significant expansion of the Company's production capacity for glassware products. The meeting was held on September 22, 2026, commencing at 12:30 p.m. (IST) and concluding at 1:07 p.m. (IST).
Expansion / Capex
Existing Capacity: Approximately 15 lakh units per annum for the specific glassware products targeted for expansion.
Capacity Utilization: Current utilization is approximately 87%.
Proposed Capacity Addition: Expansion from approximately 15 lakh units per annum to approximately 108 lakh units per annum - representing a 6.2x increase in production capacity.
Implementation Timeline: Commercial production from the additional facility is expected to begin by March 2027.
Investment Required: Estimated capital expenditure of ₹60 crores.
Mode of Financing: Through internal accruals and/or borrowings.
Location: The new manufacturing facility will be established in Bharuch, Gujarat, alongside the existing facility.
Rationale
The expansion is driven by strong and growing demand for glassware products from Borosil Limited (\"BL\"), to whom the Company has been supplying these products from its existing Bharuch facility. The existing manufacturing arrangement with BL contributes to the Company's revenue and enables efficient utilization of its manufacturing capacity, machinery, equipment, and other infrastructure. The proposed capital expenditure will augment production capacity to cater to BL's increasing product demand.
Additional Benefit: The Company will apply for subsidy benefits on eligible investment as may be available under the Viksit Gujarat Industrial Policy 2026.