Business Update16 Jun 2026, 05:10 pm
Prostarm Info Systems Realigns Operations, Relocates Businesses
AI Summary
Prostarm Info Systems Limited announced a strategic realignment of its manufacturing and business operations. The Servo Stabilizer and Isolation Transformers business will move from Pune to Mahape, while the Lithium Battery manufacturing vertical will shift from Mahape to Ahmedabad. This move aims to enhance operational efficiency, optimize resource utilization, and strengthen focus on core business segments. The relocation is expected to be completed by August 2026. The affected businesses represent 1.34% and 6.55% of the company's total consolidated turnover of INR 385.77 Crores for FY26, respectively.
Key Highlights
- Relocation of Servo Stabilizer and Transformer business from Pune to Mahape.
- Lithium Battery business to move from Mahape to Ahmedabad.
- Strategic realignment aims to boost efficiency and focus on core segments.
- Relocation expected to conclude by August 2026.
- Affected businesses represent 1.34% and 6.55% of FY26 turnover.
Price Impact
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