Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Please find Press release for commencement of commercial operations of 192 water jet looms out of the total 348 water jet looms proposed to be installed at its Plot No. B-5/4, B-5/5, B-5/3, Road No. 9, Hojiwala Ind. Estate, Sachin Udhyog Nagar, Sahkari Mandli Limited, Sachin, Surat _ 342030, with effect from August 13, 2025.
BORANA · price
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Borana Weaves Limited has started commercial operations of 192 water jet looms at its facility in Sachin Industrial Estate, Surat, effective August 13, 2025. These 192 looms are part of a larger plan to install 348 water jet looms in total, meaning the company has commissioned about 55% of its planned expansion so far. The new capacity is expected to boost production volumes, improve operational efficiency, and help the company serve both domestic and international textile markets. The remaining 156 looms are expected to be installed in a later phase as the company continues its expansion plan.
This is a positive development for shareholders as it signals growth in production capacity, which should translate into higher revenues over time. The market may react positively given the company's commitment to scaling up, though investors should watch for the timeline on the remaining 156 looms and any updates on utilization and order book.