Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, the company has duly signed and registered the Deed of Conveyance with ARA-IV, Kolkata dated 23rd December 2025 with Star Battery ....
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JD Cables Limited has completed the purchase of land and a building measuring about 164.29 Cottah in Dankuni, Hooghly district, from Star Battery Limited for a total consideration of Rs 10.45 crore. The Deed of Conveyance was signed and registered with the Additional Registrar of Assurance-IV, Kolkata on 23rd December 2025, following an earlier agreement for sale dated 13th October 2025. The company has also paid stamp duty, registration charges, mutation fees, and related expenses for the transaction. Management has described this as a major acquisition aimed at expanding manufacturing infrastructure and production capacity to meet rising demand for cables and conductors. The new facility is expected to enable the introduction of new product lines such as AL-59 Conductors, MVCC Conductors, HTLS Conductors, and HT Cables, supporting both domestic and export market growth.
This is a positive development for shareholders as it signals a significant capacity expansion plan by JD Cables. The Rs 10.45 crore investment in land and factory infrastructure should support future revenue growth, product diversification, and strengthen the company's position in the wires and cables segment. Investors should monitor execution of the expansion and any associated capex for plant setup in subsequent quarters.