Susan Electricals to buy 22 Crore land in UP for manufacturing expansion
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Board of Susan Electricals India approved buying about 1.96 hectare of land in Mauza Jaunmani, District Baghpat, Uttar Pradesh for around INR 22 Crore to expand its manufacturing facilities and business operations. The seller is Mr. Parveen Kumar Jain, who is not a related party, and payment will be in cash. Board also approved the Cost Audit Report for FY ended 31 March 2026.
Signals capacity expansion plans; could support future revenue growth but locks in capital for a new manufacturing site.