Euro Panel Products secures NABL accreditation for 51 testing parameters

2 min read     Updated on 08 Jul 2026, 08:08 AM
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Euro Panel Products Limited has secured NABL accreditation for 51 testing parameters, making it the only ACP brand in India with this distinction. The certification covers mechanical and chemical testing for various products, ensuring compliance with international standards like IS, ASTM, AAMA, and EN. This move enhances transparency and trust in the industry, providing independently verified test reports for customers and architects.

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Euro Panel Products Limited has secured India's most expansive certification from the National Accreditation Board for Testing and Calibration Laboratories (NABL), becoming the only Aluminium Composite Panel (ACP) brand in the country to hold accreditation for 51 testing parameters. The company officially broadened its in-house testing laboratory's scope from the initial 16 parameters to 51 parameters across mechanical and chemical testing. This milestone equips the EUROBOND lab to independently test the mechanical and chemical parameters of coil, coating, core, ACP, and Metal Composite Panels (MCP).

The NABL accreditation ensures the laboratory conducts critical tests exactly as specified by international standards such as IS, ASTM, AAMA, and EN. Evaluating products against these benchmarks is essential to support the 10 to 20 year warranties required for exterior exposure. Securing this certification demands strict verification of all lab equipment, highly specialized staff competence, and absolute process integrity. This high standard is continuously enforced through strict compliance with ISO/IEC 17025 standards, necessitating all technical assessments, internal audits, and quality documents to be retained for a mandatory minimum period of 3 years.

NABL is a full member and signatory to the International Laboratory Accreditation Cooperation (ILAC) and Asia Pacific Accreditation Cooperation (APAC) Mutual Recognition Arrangements (MRA). This global framework ensures that EUROBOND's test and calibration results are recognized and accepted across international borders. Every test report issued by the in-house lab now carries the official NABL logo, detailing the precise test methods, standards referenced, and verified results.

Metric Details
Accreditation Body National Accreditation Board for Testing and Calibration Laboratories (NABL)
Total Parameters 51
Testing Scope Mechanical and Chemical
Compliance Standard ISO/IEC 17025
Products Covered Coil, Coating, Core, ACP, MCP

Mr Divyam Shah, Whole Time Director and CFO of Euro Panel Products Limited, stated that the accreditation makes trust and transparency measurable. He emphasized that in an industry where claims are easy to make and hard to verify, the company wanted its words backed by proof rather than promises. He noted that the internationally recognized benchmark allows any customer, architect, or consultant to verify the data independently.

This advanced certification builds upon the company's robust quality control foundation. EUROBOND is the only Indian ACP brand to receive NABL accreditation for testing parameters specific to Aluminium Honeycomb Panels. The company maintains an extensive portfolio of certifications, including BIS certification, TÜV ISO 9001-2015, ISO 9001:2015 Quality Management System, NFPA 285, Certifire, and Thomas Bell Wright certification.

Historical Stock Returns for Euro Panel Products

1 Day5 Days1 Month6 Months1 Year5 Years
-2.38%-2.01%-8.63%-7.61%-19.61%+125.17%

How will this expanded NABL accreditation impact EUROBOND's competitiveness in international markets compared to non-accredited competitors?

Could this move pressure other domestic ACP manufacturers to seek similar comprehensive NABL certifications to remain viable?

Will the ability to independently verify data accelerate the adoption of EUROBOND products in large-scale government infrastructure projects?

Euro Panel Products approves incorporation of new subsidiary

1 min read     Updated on 09 Jun 2026, 02:12 AM
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Euro Panel Products Limited's Board has approved the incorporation of a new subsidiary in India to drive growth and expansion. The company will subscribe to the share capital and hold a majority stake in the proposed entity, subject to name approval by the Registrar of Companies. Further details will be disclosed upon incorporation in compliance with SEBI regulations.

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Euro Panel Products Limited has received approval from its Board to incorporate a new subsidiary company in India, a strategic move aimed at supporting its growth and expansion plans. The company intends to subscribe to the share capital of the proposed entity and hold a majority stake, ensuring control over the new venture. This decision underscores the company's commitment to scaling its operations through structured business activities aligned with its long-term objectives.

The proposed subsidiary will focus on carrying out business activities that complement Euro Panel Products Limited's existing operations. The incorporation is subject to the approval of the entity's name by the Registrar of Companies. Once the name is secured, the company will proceed with the formal registration process.

Key Details of the Proposal

Aspect Details
Approving Authority Board of Directors
Location India
Stakeholding Majority stake
Purpose Growth and expansion plans
Regulatory Status Subject to name approval by Registrar of Companies

Further details regarding the subsidiary, including its specific business scope and financial structure, will be disclosed upon its successful incorporation. The company has committed to providing these updates in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The intimation was submitted to the National Stock Exchange of India Limited and BSE Limited on June 08, 2026. Rajesh Nanalal Shah, Chairman and Managing Director, signed the disclosure on behalf of Euro Panel Products Limited.

Historical Stock Returns for Euro Panel Products

1 Day5 Days1 Month6 Months1 Year5 Years
-2.38%-2.01%-8.63%-7.61%-19.61%+125.17%

What specific product lines or market segments does Euro Panel Products Limited intend to target through this new Indian subsidiary?

How will the establishment of this subsidiary impact the company's capital allocation and financial leverage in the upcoming fiscal year?

What is the expected timeline for the subsidiary to become operational and contribute to the company's revenue stream?

More News on Euro Panel Products

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