The Exchange has sought clarification from Syrma Sgs Technology Limited with respect to recent news item captioned Syrma SGS Announces Rs 1,600 Crore Investment To Build PCB, Component Units In Andhra Pradesh. The response from the Company is attached.
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The exchanges sought clarification on a news article about Syrma SGS announcing Rs 1,600 crore investment for PCB and component manufacturing units in Andhra Pradesh. The company clarified that this information was not new and had already been disclosed on September 10, 2025, when the Andhra Pradesh government approved allotment of 26.70 acres of land at Naidupeta for the project. A further update was provided on December 1, 2025, when construction began. The project involves a joint venture with South Korea's Shinhyup Electronics for manufacturing multi-layer PCBs, Copper Clad Laminate, and electronics manufacturing services, with expected investment of approximately Rs 1,595 crore and creation of over 1,000 direct jobs.
No new material information was disclosed. The clarification confirms the previously announced investment plans remain on track, with no change to the company's existing commitments or shareholder position.