Announced Thu, 16 Jul · 14:37 IST
Shivalik Bimetal gets Consent to Operate for Pune facility Phase-I
SBCL · price
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Price reaction · full curve 14 horizons · vs prior close
+3.0%1-day move
₹715.15
prior close
₹721.00
base price
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AI summary
SBCL received Consent to Operate from the Maharashtra Pollution Control Board for its Pune manufacturing facility (Phase-I), valid until June 30, 2032. This enables phased operationalisation, with commercial production to scale in line with customer qualifications. The facility will produce value-added components for automotive electrification and battery applications, including bus-bar connectors and PCBA assemblies, targeting OEM and Tier-1 customers.
Likely market impact
Regulatory clearance removes a key hurdle for the new Pune plant, paving the way for revenue from EV and battery component manufacturing over coming quarters.