Schneider Electric Infrastructure Limited has informed the Exchange regarding Outcome of Board Meeting held on March 27, 2026.
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The Board of Directors of Schneider Electric Infrastructure Limited, at its meeting on March 27, 2026, approved a revision in the capital expenditure earmarked for enhancing Switchgear capacity at the company's Vadodara Plant. The capex has been raised from INR 110.2 Crores to INR 156.4 Crores, an increase of about INR 46.2 Crores (roughly 42% higher than the original plan). The additional investment will fund further expansion of shopfloor area and civil/structural works aimed at supporting future scalability. The Board meeting concluded at 3:38 p.m. IST, and the disclosure has been made under SEBI Listing Regulations.
The 42% increase in planned capex signals stronger confidence in future demand for switchgears, but it also means higher near-term spending. For shareholders, this is a growth-oriented move that could support future revenue, though margin pressure from elevated capex may be watched in the short term.