Date: November 04, 2026

Board Meeting Outcomes

  • The Board of Directors meeting was held on Wednesday, November 04, 2026, commencing at 05:00 p.m. (IST) and concluding at 05:54 p.m. (IST).
  • The Board considered and approved capital expenditure of up to ₹1,850 million for new Phase-3 expansion of Specialized Magnet Winding Wires at the Company's Supa Facility.

Expansion / Capex Details

Existing Capacity: 57,845 MT

Existing Capacity Utilization: 75%

Capacity Post Expansion: 72,200 MT (an increase of 14,355 MT)

Implementation Timeline: Expansion to be completed by Q1 FY2028-29

Total Investment Required: Up to ₹1,850 million

Mode of Financing: Internal accruals / debt / combination thereof

Rationale: Expansion towards Specialized Magnet Winding Wires to improve product mix, increase operational efficiency, and strengthen the Company's ability to meet increasing customer demand.