Date: October 11, 2026
Board Meeting Outcomes
- SJS Display Electronics Private Limited (SDEPL), a wholly-owned subsidiary of S.J.S. Enterprises Limited, has entered into an Agreement to Sub-Lease for establishing its manufacturing facility
- The facility is being established on a Build-to-Suit basis at Village Koregaon Bhima, Taluka Shirur, District Pune, Maharashtra
- Agreement was executed and registered on October 11, 2026
Expansion / Strategic Actions
- New manufacturing facility with built-up area of approximately 60,000 sq. ft.
- Total investment required: ~₹81 Crore
- Plant and Machinery: ~₹65 Crore
- Building on lease (Right-of-Use): ~₹16 Crore
- Mode of financing: Internal accruals/debt
- Expected commercial operations commencement: September 2027
- Rationale: Expansion into cover glass and display electronics manufacturing business through newly incorporated subsidiary SDEPL
Subsidiary Update
- SDEPL is a newly incorporated entity with no existing manufacturing capacity
- This development follows the company's previous disclosure dated August 31, 2026 regarding SDEPL's incorporation