Clarification3 Jun 2026, 03:53 pm
Pitti Engineering Clarifies Machining Capacity Details
AI Summary
Pitti Engineering Ltd has issued an addendum to its previous filing regarding the establishment of a greenfield casting and machined components facility. The company clarified that details regarding machining capacity were inadvertently omitted. The existing consolidated machining capacity is 7,20,000 hours, with a current utilization of approximately 81%. The proposed increase in consolidated machining capacity is to 10,80,000 hours. All other information from the original disclosure remains unchanged.
Key Highlights
- Machining capacity to increase to 10,80,000 hours.
- Existing capacity stands at 7,20,000 hours.
- Current machining capacity utilization is around 81%.
- Clarification pertains to a new greenfield facility.
Price Impact
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