Spectrum Electrical Industries Limited has entered into a Memorandum of Understanding (MOU) with the Department of Industries, Government of Maharashtra, for a proposed expansion investment of ₹110 crore in the state. The MOU was executed on May 06, 2026, during the Government of Maharashtra's Investment Summit 2026, held in Nashik, Maharashtra. The company disclosed this development to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the relevant SEBI circular dated July 13, 2023.

MOU Details at a Glance

The agreement formalises Spectrum Electrical Industries' commitment to expand its manufacturing operations in Maharashtra. The following table summarises the key parameters of the proposed investment as outlined in the MOU:

Government Support and Facilitation

Under the terms of the MOU, the Government of Maharashtra has committed to facilitating Spectrum Electrical Industries in obtaining the necessary permissions, registrations, approvals, clearances, and fiscal incentives from the concerned state departments. This facilitation will be carried out in accordance with the existing policies, rules, and regulations of the Government of Maharashtra.

The MOU was signed on behalf of the Government of Maharashtra by Smt. Vrushali B. Sone, Joint Director of Industries, Nashik (Regional Office), and on behalf of Spectrum Electrical Industries by Dipak Suresh Chaudhari, in the capacity of Authorised Signatory.

Regulatory Disclosure

The intimation was submitted to both the National Stock Exchange of India Limited and BSE Limited by Rahul Lavane, Company Secretary and Compliance Officer of Spectrum Electrical Industries, on May 06, 2026. The disclosure was made in compliance with the applicable SEBI listing regulations governing material corporate developments.

Spectrum electrical industries Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended 31st March, 2026. The submission fulfills the company's regulatory obligations under SEBI's depositories and participants regulations.

Regulatory Compliance Filing

The company submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both the National Stock Exchange of India Limited and BSE Limited on 7th April, 2026. The filing was signed by Rahul Lavane, Company Secretary & Compliance Officer with membership number A57240.

Certificate Details

The certificate was issued by Bigshare Services Private Limited, which serves as the Registrar and Share Transfer Agent for Spectrum Electrical Industries Limited. The key details of the quarterly compliance are presented below:

Dematerialisation Status

The certificate confirms that no dematerialisation requests for equity shares of the company were received during the reporting period from 1st January 2026 to 31st March 2026. This information is crucial for maintaining transparency in share transfer and dematerialisation processes as mandated by SEBI regulations.

Company Information

Spectrum Electrical Industries Limited is located at Gat No. 139/1 and 139/2, Umale, Jalgaon 425003, Maharashtra. The company maintains its regulatory compliance through systematic quarterly filings with stock exchanges, ensuring adherence to SEBI's depositories and participants regulations.