SM Auto Stamping Ltd — Board Meeting, 18-07-2025: Board Meeting
18-07-2025 | 07:50 pm
18-07-2025 | 07:50 pm
SM Auto Stamping's Board has approved a significant capacity expansion by purchasing a new machine. This investment, totaling Rs. 2.50 Cr, will double the company's total production capacity to 2,50,000 strokes per month for similar specifications. The decision aims to enhance operational efficiency, address the 90% utilization of the existing machine, and alleviate customer concerns regarding contingency. The new capacity is expected to be operational by December 31, 2025, and will be financed through a combination of bank borrowing and the company's internal surplus funds, positioning the company for future growth.
No comments yet. Be the first to comment!
