Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform that Board of Directors of the Company at its meeting held on April 09, 2026 has inter alia approved the proposal ....
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Chandra Prabhu International's Board of Directors, in a meeting held on April 9, 2026, approved the establishment of a warehouse cum branch office at Village Budhi Bawal, Khairthal-Tijara, Rajasthan. The facility is intended to support the company's metal trading business, specifically for TMT/Steel Pipes and other finished steel products, alongside its existing trading of metals such as Sponge/Billette/Millette. The meeting lasted one hour. This represents a geographic expansion of the company's trading operations into Rajasthan.
The stock is unlikely to see significant movement as no investment amounts or capex figures were disclosed. This is a standard operational expansion announcement that expands the company's distribution footprint.