Aartech Solonics Limited has informed the Exchange regarding a press release dated July 26, 2025, titled "Press Release Foundation Stone Laid by Wholly Owned Subsidiary Faradigm® Ultracapacitors Pvt Ltd at Renewable Energy Manufacturing Cluster, Mohasa-Babai, Madhya Pradesh".
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Aartech Solonics's wholly owned subsidiary Faradigm® Ultracapacitors Pvt Ltd has laid the foundation stone for a new manufacturing facility at the Renewable Energy Manufacturing Cluster in Mohasa-Babai, District Narmadapuram, Madhya Pradesh. The plant will manufacture high-performance energy storage systems, including ultracapacitors, with applications in renewable energy, defence, and transportation sectors. The land was allotted on a 99-year lease in 2024, and construction has now commenced with a Bhoomi Pujan ceremony. The facility is targeted to become operational by the end of 2026.
This is a long-term growth announcement that signals the company's expansion into next-generation energy storage, but no immediate financial impact or revenue contribution is expected before late 2026. Investors should view this as a forward-looking capacity-building step rather than a near-term earnings driver.