Sunita Tools Ltd — Important, 15-10-2025: Company Update
15-10-2025 | 02:55 pm
15-10-2025 | 02:55 pm
Sunita Tools Limited is significantly expanding its empty artillery shell production capacity from 1,10,000 to 3,60,000 units annually across two new lines, expected to be operational within two years. This expansion involves an investment of approximately Rs. 126 Crore, to be funded through a mix of debt, promoter infusion, and equity. The company will utilize UK technology for presses and die design, with 99% of equipment sourced from India, supporting the "Make in India" initiative. This move aims to meet growing domestic and global demand, capitalize on market opportunities, and strengthen the company's position in the defense sector.
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