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Expansion11 Oct 2026, 03:00 pm

SJS Enterprises Subsidiary to Set Up ₹81 Cr Manufacturing Facility

AI Summary

S.J.S. Enterprises Ltd announced that its wholly-owned subsidiary, SJS Display Electronics Private Limited (SDEPL), has entered into an Agreement to Sub-Lease for a new manufacturing facility. The facility, located in Pune, Maharashtra, will be established on a Build-to-Suit basis and is expected to be ready for commercial operations by September 2027. The total investment for the facility, including Plant and Machinery (₹65 Cr) and Building on lease (₹16 Cr), amounts to approximately ₹81 Cr. This expansion is a significant step for the company's entry into the cover glass and display electronics business through SDEPL. The project will be financed through internal accruals and debt.

Key Highlights

  • Subsidiary SDEPL to establish new manufacturing facility in Pune.
  • Total investment estimated at ₹81 Cr (₹65 Cr P&M, ₹16 Cr ROU).
  • Facility expected to be operational by September 2027.
  • Expansion into cover glass and display electronics business.
  • Financing through internal accruals and debt.