Shringar House of Mangalsutra Ltd. Shifts Manufacturing Unit to Kandivali, Enhancing Operational Efficiency

Shringar House of Mangalsutra Ltd. has shifted its existing manufacturing unit from Lower Parel to Kandivali. The relocation, which began on Monday, February 23, 2026, aims to enhance operational efficiency, accommodate new machinery, and support future capacity requirements. The new manufacturing facility, spread over an area of 16,260 sq.ft., has an estimated production capacity of 4,000 kg p.a. The existing manufacturing facility, with a capacity of 2,500.00 kg p.a., has been operating at approximately 64% capacity utilization. The incremental capacity addition is expected to be completed within 3 months, subject to necessary approvals. The investment required for this relocation and expansion is approximately Rs. 15 crore, to be financed through internal accruals.