Chandni Machines Ltd — Important, 31-08-2026: Company Update
31-08-2026 | 06:55 pm
31-08-2026 | 06:55 pm
Chandni Machines has commenced its new Aluminium Ingot manufacturing project at Kuvada GIDC, Rajkot. The company has leased a 22,000 sq. ft. facility and placed orders for machinery worth ₹1.5 Cr. Trial production is targeted for September 2026, with commercial production expected from October 1, 2026. The facility aims to produce 300 tonnes of ingots monthly, potentially generating ₹9.45 Cr in monthly revenue and ₹0.5 Cr in net profit. Chandni Machines is also evaluating a two-fold expansion by March 2027, signalling strategic growth in the non-ferrous metals sector.
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