Board Meeting Details
The Board meeting was held on Wednesday, November 4, 2026, commencing at 8:00 p.m. (IST) and concluding at 9:28 p.m. (IST).
Capacity Details
Existing Capacity (annualized): ~2 to 2.2 million units of "hot end" products (catalytic converters), depending on product mix.
Existing Capacity Utilization (annualized): ~99% for "hot end" products (catalytic converters).
Proposed Capacity Addition: ~0.3 million units of "hot end" products (catalytic converters).
Implementation Timeline
The proposed capacity is to be added during the next 2-3 financial years in a phased manner.
Financial Details
Investment Required: Approximately ₹450 million (INR)
Mode of Financing: Internal Accruals
Rationale for Expansion
The capacity expansion is driven by growth in demand and aims to improve the company's manufacturing footprint in Western India.