SJS Enterprises subsidiary to set up new manufacturing facility in Pune
SJS · price
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Subsidiary SJS Display Electronics (SDEPL) signed a sub-lease for a 60,000 sq ft build-to-suit facility at Koregaon Bhima, Pune, for cover glass and display electronics manufacturing. Total investment about Rs. 81 Cr (plant and machinery about Rs. 65 Cr, building lease about Rs. 16 Cr), funded through internal accruals and debt. Commercial operations expected by September 2027.
About Rs. 81 Cr capex for greenfield expansion into display electronics. Long gestation till Sep 2027, but signals future revenue diversification.