Addendum to capex disclosure: machining capacity details for greenfield facility

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Price reactionminutes from the announcement price · days from the prior close

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₹934.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+1.2% vs market

Industrial Products peers, median of 129sector+1.1%+0.9% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 0.9 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Pitti Engineering has filed an addendum to its 14 May 2026 disclosure about capex approval for a greenfield casting and machined components facility. The addendum adds previously omitted machining capacity details: current capacity is 7,20,000 hours with about 81 percent utilisation, proposed to increase to 10,80,000 hours. All other disclosed details remain unchanged.

Likely market impact

Clarification on greenfield capex gives shareholders fuller picture of expansion from 7.2 lakh to 10.8 lakh hours of machining capacity.