Date: November 14, 2026

Board Meeting Outcomes

  • The Board of Directors at its meeting held on November 14, 2026 decided to shift the location of the proposed Leaf Spring Manufacturing Facility from M/s. Jai Suspensions Limited (a wholly owned subsidiary) to the company's existing manufacturing facility at Malanpur, Madhya Pradesh.

Expansion / Capex

  • Existing Capacity: 9,000 MT per month
  • Existing Capacity Utilization: Full utilization
  • Proposed Capacity Addition: Setting up of a new Leaf Spring manufacturing facility with additional capacity of 1,500 MT per month
  • Timeline: Commercial production expected to start around December 2027
  • Investment Required: Approximately ₹47 crore, subject to any increase or decrease by management
  • Mode of Financing: Primarily through internal accruals
  • Rationale: To expand manufacturing capabilities through brownfield expansion at Malanpur, Madhya Pradesh, enabling the company to cater to wider customer base across Northern, Central and Western regions of India