Update on Pune Plant.
SBCL · price
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Shivalik Bimetal Controls has leased premises in Pune, Maharashtra to set up a new manufacturing facility for Automotive Busbars and connectors. The planned launch date of April 2026 has been deferred because the company is still awaiting necessary permissions and consents from government authorities to commence operations. The company is actively pursuing these approvals and will update the stock exchange on further developments. Until the new facility becomes operational, existing orders are being processed at the company's current facilities in Solan, Himachal Pradesh.
The delay in commissioning the Pune plant could push back revenue generation from the new automotive busbar business. However, since production continues at existing facilities, near-term operations remain unaffected.