BSEJigar Cables LtdHighPositive
Announced Mon, 22 Sept · 18:55 IST

Please find attached herewith intimation under Regulation 30 of the Listing Regulation.

Capex & Operations View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jigar Cables Ltd has purchased an industrial property comprising factory land and building measuring 17,705 sq. meters at Gomta Village, Gondal Taluka, Rajkot District, for a total consideration of Rs. 5.805 crores. The property was acquired through an SBI e-auction on September 22, 2025, based on board approval granted on August 29, 2025. The purchase has been entirely funded through internal accruals with no debt involved. The company has stated the acquisition is intended for future expansion of its business operations.

Likely market impact

This is a capacity-expansion move funded entirely from internal cash, which signals growth intent without straining the balance sheet. For shareholders, it suggests the company is preparing for scaling up operations, though the land is not yet operational and benefits will materialize over time.