Nitiraj Engineers Limited has informed the Exchange regarding 'Update on License'.
NITIRAJ · price
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Nitiraj Engineers Limited has received a manufacturing license (Form MD-05, License No. MFG/MD/2025/000570) from the Food and Drug Administration, Nashik Division, for Class A medical devices. The license covers eight products under the PHOENIX brand, including infantometers, stadiometers, infant and digital weighing scales, electronic baby weighing scales (including a Bluetooth-enabled version), and BMI/physiogrowth monitoring systems. The licensed products are weighing and measurement devices for adults, children, and infants. The license was issued on 25 August 2025 and the company informed the exchange on 28 August 2025. This is a regulatory milestone that allows the company to legally manufacture and distribute these medical-grade products in India.
This regulatory clearance expands Nitiraj's addressable product range into the medical devices segment, which could support future revenue diversification. However, no immediate financial impact or order inflow is mentioned, so the short-term stock reaction is likely to be modest.