NITIRAJNSENitiraj Engineers LimitedHighPositive
Announced Thu, 7 May · 17:36 IST

Nitiraj Engineers Limited has informed the Exchange regarding 'company has received approval from the Government of India, Ministry of Consumer Affairs, Food & Public Distribution, Department of Consumer Affairs, Legal Metrology Division, as a Government Approved Test Centre (GATC) under Section 24 of the Legal Metrology Act, 2009.'

Regulatory Product ApprovalBusiness Updates View source PDF

NITIRAJ · price

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₹206.23
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AI summary

Nitiraj Engineers Limited has received approval from the Government of India, Ministry of Consumer Affairs, Department of Consumer Affairs, Legal Metrology Division, to operate as a Government Approved Test Centre (GATC). This approval, valid until May 5, 2027, authorizes the company to verify non-automatic weighing instruments of Accuracy Class III up to 150 kg manufactured by the company. The approved verification capacity is 2,600 instruments per month. The company is located at M.I.D.C., Awdhan, Dhule, Maharashtra. This certification allows the company to self-verify its weighing instruments, potentially reducing external testing costs and enabling it to offer testing services to other manufacturers.

Likely market impact

This regulatory approval enhances Nitiraj Engineers' operational capabilities by allowing in-house verification of its weighing instruments, reducing dependency on external testing agencies. It may also open a new revenue stream if the company offers testing services to third parties, which could be positive for shareholders.