Kundan Edifice Limited has informed the stock exchanges of a significant product development milestone, disclosing under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that it has undertaken the development of PVC Neon Extrusion products for rope light applications. The disclosure was made on 11/05/2026 and signed by Managing Director Divyansh Mukesh Gupta.

Product Development Overview

The company has developed and tested new PVC neon extrusion profiles as part of its ongoing product development initiatives. The development effort has been centred on three core attributes — product quality, flexibility, and durability — specifically targeting lighting applications. The developed profiles are currently being evaluated for manufacturing and application suitability, with the products now prepared for pilot production and further commercial evaluation.

The following table summarises the key details of the disclosure as filed with the exchange:

Strategic Context

The product development initiative has been undertaken to strengthen Kundan Edifice's product capabilities in the decorative and architectural lighting segment. By entering the PVC neon extrusion space, the company aims to broaden its portfolio to address growing demand in rope light and related lighting applications. The move represents a step in expanding the company's manufacturing scope beyond its existing product lines.

Current Status and Next Steps

As per the disclosure, the PVC Neon Extrusion products are presently at the pilot production stage, with commercial evaluation underway. The company has indicated that the developed profiles are being assessed for both manufacturing feasibility and application suitability before any broader rollout. No financial figures or timelines were disclosed in connection with this development initiative.

Kundan Edifice Limited has announced a business update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, disclosing its initiative to bring certain manufacturing operations in-house. The company, which is engaged in power supply products, had previously relied on job work arrangements for the production of select components. This development marks a shift in the company's operational approach as it moves towards greater self-sufficiency in its manufacturing process.

Strategic Move Towards In-House Manufacturing

As part of this initiative, Kundan Edifice has placed an order for a soldering machine to support the internalization of its manufacturing process. The installation of the machine is expected in the near term, after which the company will be equipped to undertake the relevant production operations in-house. The company stated that the initiative is aimed at strengthening operational capabilities, improving process control, and supporting manufacturing efficiency.

Disclosure Details

The following table summarizes the key details of the disclosure made by Kundan Edifice under Regulation 30 of SEBI (LODR) Regulations, 2015:

Operational Significance

The transition from outsourced job work to in-house manufacturing is expected to provide Kundan Edifice with greater control over its production processes. By investing in dedicated machinery such as the soldering machine, the company aims to reduce its dependence on external vendors for key component manufacturing. The initiative reflects a broader effort to build internal manufacturing capabilities within the company's existing facilities located in Vasai East, Palghar.

The disclosure was signed by Divyansh Mukesh Gupta, Managing Director of Kundan Edifice Limited, and submitted to the National Stock Exchange of India Limited on 09/05/2026.