Acquisitions29 Jan 2026, 07:40 pm
R M Drip and Sprinklers Systems Ltd Subsidiary Acquires Land for New Manufacturing Unit
AI Summary
R M Drip and Sprinklers Systems Ltd announced that its wholly-owned subsidiary, Brahmanand Pipes Private Limited, has successfully completed the acquisition of land for a proposed manufacturing unit at Sinnar, District Nashik, Maharashtra. The construction of the manufacturing unit is expected to be completed by the first quarter of the financial year 2026-27, with commercial production commencing in the second quarter. The new facility will increase the company's overall production capacity by approximately 50%, marking a significant step towards scaling operations, strengthening market positioning, and creating long-term value for stakeholders.
Key Highlights
- R M Drip and Sprinklers Systems Ltd subsidiary acquires land for new manufacturing unit
- New manufacturing unit to be established at Sinnar, District Nashik, Maharashtra
- Construction to be completed by Q1 of FY 2026-27, with commercial production starting in Q2
- Proposed expansion expected to increase company's production capacity by 50%
- New facility aims to scale operations, strengthen market positioning, and create long-term value for stakeholders