Date: November 4, 2026
Other Operational / Legal / Strategic Disclosures
Manufacturing Consolidation Initiative
- The company is transitioning and consolidating its manufacturing operations from Plot No. 75D, Sector 18, Gurugram, Haryana 122015 (75D Facility) to its existing manufacturing facilities at Hyderabad and Solan.
- The transition includes relocation and integration of relevant plant, machinery, and other assets.
- This initiative aims to optimize and consolidate the manufacturing footprint, improve utilization of existing infrastructure and resources, and achieve greater operational efficiencies and synergies.
- Manufacturing operations at the 75D Facility will cease upon completion of the transition.
- The transition is expected to be completed by November 15, 2026.
Financial Impact of the Facility
- For FY 2025-26, the 75D Facility contributed:
- Turnover: ₹8,630 lakhs (approximately 9.64% of standalone turnover of ₹89,480 lakhs)
- Attributable Net Worth: ₹5,118 lakhs (approximately 5.50% of standalone net worth of ₹93,122 lakhs)
Strategic Rationale and Impact Assessment
- The consolidation is part of the company's ongoing initiative to streamline operations.
- With the Hyderabad facility having commenced operations in March 2026, the transition is not expected to have any material adverse impact on the company's overall manufacturing operations or business activities.
- No sale or disposal of the 75D Facility is contemplated.
Regulatory Context
- Disclosure made pursuant to Regulation 30 read with Para B of Part A of Schedule III to the SEBI Listing Regulations.
- Reference made to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Signatory
- Sangeeta Karnatak, Company Secretary & Compliance Officer