Schneider Electric Infrastructure Ltd approves capex

Based on the recommendation of Audit Committee, Board of Directors of Schneider Electric Infrastructure Limited ("Company") at their meeting held today, i.e., March 10, 2025, has, considered and approved enhancement of Capital Expenditure to increase capacity of RMUs by 25%.

The existing capacity of Ring Main Units (RMU) is Approx 25600 Functions and capacity utilization is at 90% approx.

The proposed capacity addition is approx 25%, i.e, post addition, total capacity for RMU will be approx. 32000 Functions.

The investment of INR 15.8 Crores will be funded through internal accruals and/or borrowings.

Shares of Schneider Electric Infrastructure Limited was last trading in BSE at Rs. 632.95 as compared to the previous close of Rs. 637.75. The total number of shares traded during the day was 19774 in over 1086 trades.

The stock hit an intraday high of Rs. 651.00 and intraday low of 625.05. The net turnover during the day was Rs. 12639308.00.

Source : Equity Bulls

Keywords

SchneiderElectricInfrastructure INE839M01018 Capex RingMainUnits CapacityExpansion