31-Oct-2026 19:52:17
QUALITY POWER Q2: COMMISSIONS INDIA & TURKEY PLANTS; APPROVES ₹25 CR ADDITIONAL CAPEX
• Global Coil Factory: Commenced manufacturing operations at its new Sangli facility on October 20, 2026 • Additional Capex: Board approved ₹25 Cr investment to establish oil-filled shunt reactor manufacturing capabilities • Product Expansion: New reactor manufacturing capabilities expected to strengthen its high-voltage transmission equipment portfolio • HVDC Facility: Reviewed machinery readiness, installation and commissioning progress at the HVDC CTC Magnet Wire facility • Turkey Expansion: Subsidiary Endoks Energy Systems commenced manufacturing at its new Power Conversion Systems (PCS) facility in Niğde, Turkey, on October 16, 2026 • Manufacturing Milestone: Successfully commenced production at two new facilities in India and Turkey during October 2026 • Growth Opportunities: Expanded manufacturing capabilities support increasing demand for high-voltage transmission and power conversion equipment • Long-Term Strategy: Focus on capacity expansion, product diversification and strengthening international manufacturing operations
QUALITY POWER ELEC EQUP L