ENDURANCENSEEndurance Technologies LimitedHighPositive
Announced Thu, 18 Jun · 18:51 IST

Capacity addition for Lithium-Ion Battery packs at Pune facility

Capex & Operations View source PDF

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AI summary

Endurance Technologies has informed the exchange about adding new capacity to manufacture Lithium-Ion Battery packs at its existing facility in Mindewadi, Pune. This is an expansion of an existing plant, not a new greenfield project. The company has not disclosed the investment amount or production capacity details in this filing. Lithium-Ion battery packs are a key input for electric two-wheelers and other EVs, signalling the company's push into the electric mobility supply chain.

Likely market impact

Positive step towards EV battery diversification. Watch for capex size and revenue impact in upcoming disclosures.