StockWatch
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Other Electrical Equipment
Project Update15 Jul 2026, 05:51 pm

Prostarm Info Systems Manufacturing Facilities Delayed to Sept 2026

AI Summary

Prostarm Info Systems Ltd has announced a delay in the commencement of commercial production at its new manufacturing facilities in Jhajjar, Haryana, and Bakrol, Gujarat. The factory buildings are substantially ready, but the company cites unavoidable circumstances, including external factors and geopolitical conditions, impacting resource availability. The commencement of commercial production is now expected on or before September 30, 2026. The company is actively monitoring the situation and taking steps to expedite the process.

Key Highlights

  • Commercial production at two new manufacturing facilities delayed.
  • New expected commencement date is September 30, 2026.
  • Delays attributed to external factors and geopolitical conditions.
  • Factory buildings are substantially complete.
  • Company is taking steps to expedite production commencement.