Business Update17 Sept 2025, 02:09 pm
Shilchar Technologies to Expand Capacity by 6500MVA by April 2027
AI Summary
Shilchar Technologies Ltd, in accordance with Regulation 30 and 30A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI vide Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, has disclosed its plans for capacity expansion. The company aims to add 6500MVA to its existing capacity of 7500MVA at its plant located in Gavasad, Vadodara, Gujarat. The proposed capacity addition is expected to be completed by April 2027, with an investment of approximately Rs. 90 Crores. The company plans to finance this expansion from its internal funds.
Key Highlights
- Shilchar Technologies to expand its existing capacity by 6500MVA
- Expansion to be completed by April 2027
- Total investment required is approximately Rs. 90 Crores
- Expansion to be financed from internal funds
- Expansion aimed at meeting customer demand