Shivalik Bimetal Controls Limited has informed the Exchange about process of setting up the new manufacturing facility at Pune, Maharashtra to produce the Automotive Busbar/connectors and /or their subsequent assemblies.
SBCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shivalik Bimetal Controls has informed the exchange that it is in the process of setting up a new manufacturing facility in Pune, Maharashtra. The plant will produce Automotive Busbars/connectors and their subsequent assemblies. This marks a geographic expansion for the company into western India and a step into the automotive electrical components space. No financial details on the investment size, timeline, or capacity have been disclosed in the filing.
Positive for long-term growth as it expands manufacturing capacity into the automotive components segment, though near-term stock impact may be limited until the scale of investment and revenue potential is disclosed.