The Board approved a capacity expansion plan at Monga Strayfield Private Limited, which is a wholly owned subsidiary of the Company. The expansion involves capital expenditure of up to ₹25 crore to expand precision engineering and manufacturing capabilities at its Pune facility.
The expansion is planned to be implemented progressively over the next six to nine months. The investment is intended to strengthen the Group's capabilities in precision-fabricated enclosures and engineered assemblies for data centre infrastructure, transformer applications, and other critical power infrastructure.
Based on the envisaged product mix, utilisation levels, and a combination of in-house manufacturing and selective outsourcing, the expanded operations are estimated to have the potential to support annual revenue of approximately ₹150 crore at scale. This compares with revenue of approximately ₹50–60 crore currently expected from the precision engineering business in FY2026–27.
The Board also reviewed the Group's strategy to explore additional opportunities in the data centre infrastructure sector by leveraging the combined engineering, fabrication and thermal management capabilities of its businesses.
The meeting commenced at 02:00 PM and concluded at 02:55 PM.