Borosil Limited — Important, 02-04-2025: Capacity addition

The Board of Directors has approved the establishment of a manufacturing unit in Rajasthan for vacuum insulated stainless-steel flasks, bottles, and containers via its wholly-owned subsidiary, Stylenest India Limited. The facility aims for an initial production capacity of 2.4 million units per annum, with commercial production expected to start by December 2025, pending necessary approvals. This project requires an estimated capex of ₹40 crores and is a strategic move to enhance cost efficiency, comply with BIS standards, and decrease dependency on imports.

Additionally, Mr. Suresh Savaliya has been appointed as the Company Secretary and Compliance Officer, bringing over 22 years of expertise in corporate law and compliance. This appointment could bolster investor confidence due to his robust background in governance and regulatory matters, segueing into a positive outlook for company operations.