Intimation pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, pertaining to Capacity Expansion of the Company.
SHILCTECH · price
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Shilchar Technologies plans to add 6,500 MVA of new capacity to its existing Gavodad, Vadodara plant, taking the total to 14,000 MVA. The current plant is already running at 100% utilisation, indicating strong demand. The expansion requires an investment of about Rs. 90 Crores, to be funded entirely from internal funds with no debt. The new capacity is targeted to come on stream by April 2027. The reason for the expansion is to meet rising customer demand.
This is a positive growth signal — the plant is fully booked and the company is investing Rs. 90 Cr from internal accruals to expand, which should support future revenue and earnings without adding financial risk. Investors can expect higher capacity-driven growth once the addition is commissioned in April 2027.