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SPEL Semiconductor LtdImportant, 14-01-2026: Company Update

14-01-2026 | 01:44 pm

SPEL Semiconductor's Board has temporarily suspended manufacturing operations at its factory due to persistent working capital constraints. This decision affects raw material procurement and operational overheads, significantly impacting future revenue and profitability. While manufacturing is halted, administrative and sales functions remain active. The company is actively pursuing various funding avenues, including asset monetization, debt financing, government schemes, and strategic alliances, to secure capital and enable a swift restart of operations.

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