StockWatch
·
Auto Components & Equipments
Project Update1 Oct 2026, 04:40 pm

Studds Accessories: Manufacturing Facility-V Production Delayed Again

AI Summary

Studds Accessories Ltd has announced a further delay in the commencement of commercial production at its Manufacturing Facility-V in Faridabad. The delay is attributed to operational and procedural matters taking longer than anticipated. This follows a previous delay due to GRAP standards. However, the company has received the Occupation Certificate for the facility on September 30, 2026. Commercial production is now expected by the end of October 2026 or earlier, pending requisite approvals. The company will provide further updates.

Key Highlights

  • Commercial production at Manufacturing Facility-V is further delayed.
  • Operational and procedural matters are causing the extended delay.
  • Occupation Certificate received on September 30, 2026.
  • New expected production start: end of October 2026 or earlier.
  • Further updates will be provided upon receipt of approvals.