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Jagan Lamps has expanded its product portfolio by adding Auto Spare Parts and Accessories alongside its existing Auto Bulbs business, effective November 19, 2025. The new range will be rolled out in a phased manner through the company's existing distribution network in India and overseas markets. Management describes the move as a strategic diversification aimed at strengthening the company's presence in the broader automotive components segment. The company expects the new category to contribute positively to revenues in the medium to long term, with scaling dependent on market demand. No specific revenue targets, order sizes, or investment details were disclosed.
This is an early-stage diversification step rather than a transformative event; without disclosed numbers, near-term stock impact is likely limited, and investors should watch for actual sales traction in coming quarters.