Shilp Gravures Limited has expanded its manufacturing footprint with the establishment of a new Unit-II facility in Bengaluru, Karnataka. This strategic move increases the company's gravure cylinder manufacturing capacity by over 19% and strengthens its operational presence in South India.

The expansion aligns with the company's long-term growth strategy, aiming to bring manufacturing capabilities closer to regional customers. The new facility is designed to enable faster turnaround times and provide stronger on-ground technical support for clients in the region.

Facility capabilities and technology

Unit-II is equipped with advanced engraving and proofing technologies, precision-engineered rollers, and modern manufacturing infrastructure. The setup is intended to deliver consistent print performance, process precision, and application-specific solutions for all customers.

Manish Vasavada, Deputy CEO of Shilp Gravures, stated that Bengaluru was a natural next step given the importance of the South Indian market. He noted that the facility allows the company to respond to customer requirements faster while maintaining the technology and quality standards established over its three-decade journey.

Strategic focus on regional markets

The company serves converters and manufacturers across flexible packaging, paper and board, labels, foils, decorative printing, specialty coatings, and other industrial applications. The Bengaluru unit marks the next chapter in the company's history as it continues to invest in manufacturing, technology, and capabilities to support future growth.

Shilp Gravures Limited has submitted the voting results for its 33rd Annual General Meeting held on September 23, 2026. All three ordinary resolutions considered at the meeting were passed with requisite majority, reflecting unanimous support from participating shareholders.

The meeting, conducted via Video Conferencing, focused on the adoption of audited financial statements for the fiscal year ended March 31, 2026, declaration of final dividend, and reappointment of key leadership. Mr. Jayantilal Jhalavadia served as the Chairman of the Meeting. Due to his illness, Mr. Pranav Bhalara, Whole-time Director, addressed the shareholders regarding the company's performance for FY26.

Voting outcomes and resolutions

Shareholders approved all agenda items through remote e-voting and polling. The scrutinizer’s report confirms that no votes were cast against any resolution, and there were zero invalid votes across all categories.

Mr. Kishor Doshi (DIN: 07846262), who retired by rotation, was reappointed as Executive Director liable to retire by rotation. The dividend declared is ₹2.10 per equity share (21%) for FY26.

Participation and scrutiny details

CS Janvi Davda, Practicing Company Secretary, served as the Scrutinizer to ensure fair and transparent voting results in compliance with SEBI LODR Regulations. The remote e-voting period ran from September 20 to September 22, 2026.

Participation data indicates that 50 shareholders attended the meeting via video conferencing, comprising one promoter group member and 49 public shareholders. A total of 3,802,712 votes were polled, representing 61.83% of the total outstanding shares of 6,149,800.