JD Cables Ltd expands manufacturing capacity with acquisition of New Facility and Investment in Advanced Machinery

JD Cables Limited ("the Company") is pleased to announce that it has entered into an Agreement for Sale (without possession) on October 13, 2025, with Star Battery Limited for the purchase of land and building admeasuring approximately 164.29 Cottah (equivalent to about 1,18,288 Sq. Ft.), situated at Mouza - Dankunibill, J.L. No. 83, District - Hooghly, P.S. - Dankuni, Block - Chanditala-II, for a total consideration of ₹10.45 Crores.

The said property is equipped with existing sheds and building structures, making it suitable for immediate industrial utilization. The acquisition is a strategic step toward expanding the Company's manufacturing infrastructure and scaling up its production capacity to meet the growing market demand for its range of cables and conductors.

As per the terms of the Agreement, the Conveyance Deed shall be executed within two months from the date of the Agreement for sale, upon payment of the entire sale consideration.

In conjunction with the expansion, the Company has also placed orders for advanced machinery worth ₹5.72 Crores for its Conductor Division, which will be installed at the newly acquired facility. This investment will enhance operational efϐiciency, product quality, and overall output, strengthening JD Cables' ability to serve its customers with superiorquality products.

These initiatives are in line with the Company's long-term growth vision to enhance capacity, modernize manufacturing operations, and drive sustainable revenue growth through continuous innovation and expansion.

Commenting on this strategic development, Mr. Piyush Garodia, Managing Director, JD Cables Limited, said: "This acquisition represents a signiϔicant milestone in JD Cables' journey of growth and transformation. The new facility will provide us with the space and infrastructure required to expand production and meet increasing demand efϔiciently. With the addition of advanced machinery, we aim to further improve our operational excellence and product quality."

He further added, "This expansion underscores our commitment to long-term value creation and market leadership in the cables and conductors industry. We believe this development will not only strengthen our domestic footprint but also open new opportunities in the export market."

Shares of JD Cables Limited was last trading in BSE at Rs. 152.80 as compared to the previous close of Rs. 148.45. The total number of shares traded during the day was 132800 in over 144 trades.

The stock hit an intraday high of Rs. 155.00 and intraday low of 148.00. The net turnover during the day was Rs. 20225320.00.

Source : Equity Bulls

Keywords

INE14VP01014 JDCables Electricals CapacityExpansion Acquisition NewFacility