Pitti Engineering disclosed plans to increase its consolidated machining capacity to 10,80,000 hours through a greenfield casting and machined components facility. The company submitted an addendum to its previous regulatory filing on June 3, 2026, to clarify specific capacity figures that were inadvertently omitted from the initial disclosure dated May 14, 2026. This expansion aims to address growing market requirements and improve production capabilities.

The existing consolidated machining capacity of the company stands at 7,20,000 hours, with a current utilisation rate of approximately 81%. By expanding the facility, the company intends to significantly boost its operational output. The proposed increase will raise the total capacity to 10,80,000 hours, marking a substantial upgrade in manufacturing potential.

All other details regarding the capital expenditure approval mentioned in the original letter dated May 14, 2026, remain unchanged. The disclosure was submitted to BSE Ltd and the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Machining Capacity Overview

Pitti Engineering Limited has announced that the National Company Law Tribunal (NCLT), Hyderabad Bench, has scheduled the next hearing for its amalgamation scheme on July 17, 2026. The scheme involves the merger of Pitti Industries Private Limited and Dakshin Foundry Private Limited with Pitti Engineering Limited, along with their respective shareholders and creditors. The disclosure was made through newspaper advertisements published on May 28, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The joint petition under Sections 230 to 232 of the Companies Act, 2013, was admitted by the Hon'ble Tribunal on May 22, 2026. The petition was presented by Practicing Company Secretary Ms. Suman Bijarnia. The order dated May 22, 2026, subsequently fixed the hearing date for July 17, 2026.

Key Details of the Scheme

The amalgamation proposal involves three entities:

The registered office for all three entities is located at Padmaja Landmark, Somajiguda, Hyderabad, Telangana.

Stakeholder Instructions

Any person desirous of supporting or opposing the petition must send a notice of intention to the Petitioner Companies' Authorized Representative. The notice, signed by the individual or their advocate, must include the name and address and reach the representative not later than two working days before the hearing date. Those opposing the petition must furnish the grounds of opposition or a copy of the affidavit with the notice to the Hon'ble Tribunal. A copy of the representation must also be served on the companies' authorized representative within the same timeframe.

Copies of the petition are available to any person upon payment of the prescribed charges. The authorized representative for the petitioner companies is Ms. Suman Bijarnia, a Practicing Company Secretary based in Hyderabad.