StockWatch
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Other Electrical Equipment
Board Meeting24 Aug 2026, 07:50 pm

Fujiyama Power Systems Approves Director Re-appointment and Capacity Expansion

AI Summary

Fujiyama Power Systems Limited announced key decisions from its Board Meeting held on August 24, 2026. The company approved the re-appointment of Mr. Sunil Kumar as a director, subject to member approval. Additionally, the board greenlit significant capacity expansions for Lithium Batteries (1 GWh at Ratlam) and the establishment of a new 1 GWh Tubular Batteries manufacturing facility in Hathras. Amendments to the Articles of Association were also approved to align with the Companies Act, 2013, making Joint Managing Directors rotational directors.

Key Highlights

  • Re-appointment of Mr. Sunil Kumar as Director approved.
  • Capacity expansion for Lithium Batteries by 1 GWh at Ratlam.
  • New 1 GWh Tubular Batteries facility to be established in Hathras.
  • Articles of Association amended for rotational Joint Managing Directors.
  • All decisions subject to member and regulatory approvals.