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The company's Board has approved relocating its proposed manufacturing plant from Kanpur, Uttar Pradesh, to Haridwar, Uttarakhand. This strategic move aims to enhance operational efficiency and long-term growth. The Haridwar site, located approximately 6 km from the existing unit, offers a larger land area (12,480 sq. mtrs. compared to 9,810 sq. mtrs. at Kanpur) and improved logistical advantages. This change maintains the original public issue's purpose and fund utilization, as the Haridwar land was already company-owned. The site is ready for immediate establishment, with all necessary approvals secured, ensuring smooth project execution and cost optimization.