Schneider Electric Infra raises capex to ₹184 Cr for KMVC expansion

Schneider Electric Infrastructure Limited has approved a revision in capital expenditure to ₹184 Crores for the expansion of its Kolkata Medium Voltage Components (KMVC) facility. The decision, taken by the Board of Directors on July 3, 2026, aims to enhance manufacturing capacity for Medium Voltage (MV) Vacuum Interrupters from 180,000 units per annum to 250,000 units per annum. This revision marks an increase of ₹46 Crores from the initial approval of ₹138 Crores granted in September 2022.

The expanded capacity is scheduled to be operational by the first quarter of FY 2028-29, specifically by June 30, 2028. The existing facility currently operates at approximately 90% utilization, producing 80,000 MV Vacuum Interrupters annually. The investment will also facilitate the addition of MV Vacuum Circuit Breakers assembly lines.

Details of Capacity Expansion

S. No	Disclosure for Capacity addition	Particulars
1	Existing capacity	80k MV Vacuum Interrupters per year
2	Existing Capacity utilization	Approx 90%
3	Proposed capacity addition	250k MV Vacuum Interrupters and MV Vacuum Circuit Breakers assembly lines
4	Period within which the proposed capacity is to be added	By 1st quarter of FY 2028-29, i.e. June 30, 2028
5	Investment required	₹184 Crores (earlier approval sought for ₹138 Crores). The increment amount of ₹46 crores from initial approval, is towards additional capacity enhancements and project execution.
6	Mode of financing	Internal accruals and/or borrowings
7	Rationale	To align with the Company's manufacturing localization strategy, export growth plans, capacity augmentation requirements, and business continuity objectives.

In a separate approval, the Board revised the capital expenditure for establishing a Mechanism Assembly Line at KMVC to ₹107.2 Crores, up from the previously approved ₹90.6 Crores. This project is intended to support future growth requirements and export opportunities, updating the disclosure made on May 26, 2025.

The projects will be financed through internal accruals and/or borrowings. The strategic rationale behind these investments includes aligning with the company's manufacturing localization strategy, export growth plans, capacity augmentation requirements, and business continuity objectives.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.91%	+10.96%	+25.42%	+106.55%	+79.77%	+1,100.65%

Schneider Electric Infrastructure Limited has appointed Mr. Soumya Bagchi as an Additional Non-Executive Director and Senior Management Personnel effective June 30, 2026. The appointment, approved by the Board via circulation on June 26, 2026, is subject to the approval of shareholders. This strategic move strengthens the company's leadership team within its electrical systems equipment business.

The decision was taken based on the recommendation of the Nomination and Remuneration Committee. Mr. Bagchi, who holds a DIN of 11789286, will assume his new roles on the specified date pending member approval. The company confirmed that he is not related to any existing Director or Key Managerial Personnel and holds no shares in the company.

Profile of the Appointee

Mr. Soumya Bagchi brings over three decades of experience in the electrical and automation sector. He began his career in 1994 as a Graduate Engineer Trainee at L&T in the Electrical & Automation (E&A) Business. Following the acquisition of the E&A business by Schneider Electric India Private Limited in August 2020, he continued his tenure within the group.

He holds a Bachelor's Degree in Electrical Engineering from Jadavpur University Kolkata and has completed leadership programs at Ross Business School and INSEAD. His expertise spans P&L ownership, product and solution development, business development, projects and contract management, and manufacturing operations.

Appointment Details

The following table outlines the key particulars of the appointment as disclosed to the exchanges:

Sr. No.	Disclosure Requirement	Particulars
1.	Name of Director	Mr. Soumya Bagchi (DIN: 11789286)
2.	Reason for change	Appointment as Non-Executive Director and Senior Management Personnel of the Company
3.	Date of appointment & term	With effect from June 30, 2026, subject to the approval of the members of the Company.

Prior to this appointment, Mr. Bagchi served as the Business Unit Head of MV Equipment - Electrical Systems Equipment (ESE). Before that, he headed Project & Contract Management for the LV & MV equipment business of ESE for India & MEA. The company confirmed that Mr. Bagchi is not debarred from holding the office of director by any SEBI order or other authority.