New Launch11 Feb 2026, 05:31 pm
Shringar House of Mangalsutra Ltd. to Shift Manufacturing Unit for Operational Efficiency
AI Summary
Shringar House of Mangalsutra Ltd. has approved the shifting of its existing manufacturing unit from Lower Parel, Mumbai to a new location in Kandivali, Mumbai. The relocation aims to enhance operational efficiency, upgrade technology and infrastructure, and increase production capacity. The new manufacturing facility is expected to be operational within three months, subject to necessary statutory approvals.
Key Highlights
- Shringar House of Mangalsutra Ltd. to shift manufacturing unit to Kandivali, Mumbai
- Relocation aims to enhance operational efficiency, upgrade technology and infrastructure
- New manufacturing facility expected to be operational within three months
- Shift not expected to have any adverse impact on existing business operations or financial performance