Jigar Cables starts commercial production at new facility

0 min read     Updated on 23 May 2026, 07:32 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Jigar Cables Limited commenced commercial production at its new facility for MVCC, HT cables, and PCC on May 23, 2026. The unit has an installed monthly capacity of 500 KM to 1000 KM.

powered bylight_fuzz_icon
41090510

*this image is generated using AI for illustrative purposes only.

Jigar Cables Limited has announced the commencement of commercial production at its new manufacturing facility. The operations began on May 23, 2026, focusing on the production of Multi-Core Copper Cables (MVCC), High Tension (HT) cables, and Power Control Cables (PCC).

The company had previously informed the exchanges about its plans to start production at this facility through intimations dated December 31, 2025, and March 30, 2026. The successful start of operations marks the completion of the proposed setup phase for this manufacturing unit.

Production Capacity Details

The newly established facility is equipped to handle significant manufacturing volumes. The installed monthly production capacity for the specified cable categories is substantial, aimed at meeting market demand.

Cable Category Monthly Production Capacity
MVCC, HT Cables, PCC 500 KM – 1000 KM

This expansion is expected to enhance the company's ability to serve its clients with a broader range of cable products. The facility's operational status is now effective, and the company has notified the relevant stakeholders and regulatory bodies regarding this update.

Historical Stock Returns for Jigar Cables

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+13.56%+11.85%-9.45%+27.86%+76.55%

How will Jigar Cables' expanded production capacity of 500-1000 KM per month impact its market share relative to established competitors in the HT and power cable segment?

Which key infrastructure sectors or government projects is Jigar Cables targeting to absorb the output from its new facility, particularly given India's ongoing power transmission expansion?

Will the ramp-up of the new manufacturing unit prompt Jigar Cables to pursue additional fundraising or debt financing to support working capital requirements at full capacity utilization?

Jigar Cables Subsidiary to Manufacture Cable Drums

1 min read     Updated on 21 May 2026, 11:49 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Jigar Polymers Limited, a wholly owned subsidiary of Jigar Cables Limited, secured board approval on May 21, 2026, to diversify into manufacturing wooden and plywood cable drums. This expansion aligns with the group's forward integration strategy in the cable industry, pending shareholder approval and alteration of the subsidiary's Memorandum of Association.

powered bylight_fuzz_icon
40933157

*this image is generated using AI for illustrative purposes only.

Jigar Polymers Limited, a wholly owned subsidiary of jigar cables , received board approval on May 21, 2026, to expand and diversify its business operations. The decision was taken during a meeting of the Board of Directors of the subsidiary company. The new initiative involves entering the manufacturing and trading sector for wooden and plywood cable drums, which are essential components for the electric wires and cable industry.

Strategic Expansion

The approved expansion is part of the group's broader strategic business growth and forward integration plans. By adding cable drum manufacturing to its portfolio, the group aims to strengthen its presence in the cable and allied industry segment. This vertical integration is expected to enhance operational efficiencies and supply chain control.

Regulatory Approvals

The implementation of this business expansion is subject to necessary approvals. The company will require the consent of its shareholders to alter the Object Clause of the Memorandum of Association of Jigar Polymers Limited. Additionally, any other regulatory approvals that may be applicable will be sought before the new business activities commence.

Company Overview

Jigar Cables Limited operates in the wires and cables sector, maintaining quality standards with certifications such as ISO 9001:2015, IS: 694, IS: 1554, and IS: 14255. The company is registered and based in Rajkot, Gujarat, and continues to explore avenues for growth and diversification through its subsidiaries.

Historical Stock Returns for Jigar Cables

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+13.56%+11.85%-9.45%+27.86%+76.55%

How might Jigar Cables' vertical integration into cable drum manufacturing impact its cost structure and profit margins compared to competitors who outsource this component?

Could Jigar Polymers' entry into wooden and plywood cable drum manufacturing position the group to supply third-party cable manufacturers, and how large is that addressable market in India?

What timeline can shareholders expect for the Memorandum of Association amendment approval process, and are there any risks of shareholder resistance to the Object Clause changes?

More News on Jigar Cables

1 Year Returns:+27.86%