New Launch5 Nov 2024, 08:25 pm
Steel Strips Wheels Ltd. Launches New Aluminum Steering Knuckle, Commences Commercial Production
AI Summary
Steel Strips Wheels Ltd. has announced the launch of its new product, the Aluminum Steering Knuckle, and the commencement of its commercial production at the company's existing manufacturing facility in Mehsana, Gujarat. The launch is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD—POD—1/CIR/2023/123 dated 13th July, 2023. The product launch is expected to take place on November 05, 2024.
Key Highlights
- Steel Strips Wheels Ltd. is launching a new product, the Aluminum Steering Knuckle.
- The commercial production of the new product will commence at the company's existing manufacturing facility in Mehsana, Gujarat.
- The launch is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD—POD—1/CIR/2023/123 dated 13th July, 2023.
- The new product is an automotive component.
- The product is intended for the domestic market.