Magna Electro Castings Ltd. Approves Q3 Results, Invests in Solar Power, and Announces New Campus

Magna Electro Castings Ltd. announced the outcomes of its board meeting held on 10th February 2026. The company approved the unaudited financial results for the quarter and nine months ended 31st December 2025. A equity investment in First Energy TN1 Private Limited for procurement of additional 1.1 MW Solar power under Group Captive Scheme was also approved. The board also approved the establishment of a new campus (South Campus) at SF No. 49, Mullupadi, Kinathukkadavu, Pollachi, Coimbatore — 642109. The new campus is intended solely for carrying out ancillary and allied operational activities in support of the Company’s existing manufacturing operations.