Borana Weaves Limited has informed the Exchange regarding a press release dated September 29, 2025, titled "Press release".
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Awaiting price reaction for this filing.
Borana Weaves has started 108 additional water jet looms at its Unit 4, three months ahead of the planned December 2025 timeline. Unit 4 is being set up with a total capex of ₹71.35 crore funded from IPO proceeds, and will house 348 looms with a production capacity of 112.75 million meters per year. With 300 looms already running and the remaining 48 expected by October 2025, the company's total annual capacity will reach 346 million meters of synthetic greige fabric. Management says this expansion is driven by strong order inflows and is expected to lift the company's market share from 20–25% to nearly 25–30%, while improving operating margins through scale efficiencies and reduced outsourcing.
Positive for shareholders — earlier-than-expected capacity addition signals strong demand and faster revenue ramp-up, with potential margin gains. The use of IPO proceeds as planned should reassure investors about deployment of capital.