Shivalik Bimetal Controls Limited has informed the Exchange about General Updates on Pune Plant
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Shivalik Bimetal Controls Limited is setting up a new leased manufacturing facility in Pune, Maharashtra to produce Automotive Busbars and connectors. The originally planned launch date of April 2026 has been deferred as the company awaits necessary permissions and consents from government authorities. The company is actively pursuing these approvals. Until the Pune facility becomes operational, existing orders will continue to be processed at the company's current facilities in Solan, Himachal Pradesh.
The deferral of the Pune plant launch introduces a timing risk for revenue growth from the new product line. However, since existing operations in Solan are handling current orders, there is no immediate disruption to business. Shareholders should monitor approval progress closely.