Date: October 9, 2026

Board Meeting Outcomes

  • The Board of Directors meeting held on October 9, 2026 (commenced at 4:30 pm IST, concluded at 4:52 pm IST) approved a proposal for capacity addition
  • The capacity expansion will occur at three locations: Bahadurgarh-Patiala (Punjab), Yelahanka-Bengaluru (Karnataka), and Bhiwadi (Rajasthan)
  • Total investment required: ₹3,351 million
  • Mode of financing: Internal accruals
  • Implementation timeline: Within 18 months
  • Rationale: Growth in demand and improving manufacturing footprint in India

Capacity Details

Existing Capacity (Annualized)

  • CI Ring capacity: 54 million rings
  • Steel Ring PVD capacity: 19.2 million ring sets
  • Piston Capacity: 21 million pistons
  • Valve Guides capacity: 124.92 million guides
  • Valve Seats capacity: 99.6 million seats

Existing Capacity Utilization

  • Current utilization: 100% (annualized)

Proposed Capacity Addition

  • CI Ring capacity: 8.15 million rings
  • Steel Ring PVD capacity: 5.04 million ring sets
  • Piston Capacity: 3.96 million pistons
  • Engine Valve: 3.24 million volume (new line added)
  • Valve guides capacity: 6 million
  • Valve seats capacity: 6 million