Metalic Technoforge approves lease for new Pune manufacturing facility
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Metalic Technoforge's board approved taking industrial premises on lease at Talawade, Pune for a new manufacturing facility. The move is part of the company's proposed expansion of manufacturing operations. Plant, machinery and asset deployment details are still being finalised, and no related parties are involved. Further disclosures will follow once terms are finalised.
Early-stage expansion signal with no financials yet. Watch for further updates on capex size and timelines.