Astral Limited has announced the commencement of commercial production at its new manufacturing plant in Kanpur, marking a significant step in the company's expansion strategy.

Key Highlights

Company's Official Statement

In an official communication to the stock exchanges, Astral Limited stated:

"We are pleased to inform that our Kanpur Plant has commissioned commercial production from today i.e. 6th October, 2025."

The announcement, made by Company Secretary Chintankumar Patel, was filed in compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Strategic Implications

The new manufacturing facility in Kanpur is part of Astral's broader strategy to:

• Strengthen its manufacturing footprint
• Expand production capacity
• Potentially cater to the growing demand in Northern India

While specific details about the plant's capacity and product lines have not been disclosed, the expansion is likely to contribute to Astral's overall growth and market presence.

Market Impact

Investors and market analysts will be keenly watching how this new facility impacts Astral's production capabilities and financial performance in the coming quarters. The expansion could potentially lead to:

• Increased market share
• Improved supply chain efficiency
• Enhanced ability to meet growing demand

As Astral Limited continues to expand its operations, stakeholders will be looking for further updates on how this new plant integrates into the company's overall business strategy and contributes to its financial results.

Note: Investors are advised to conduct their own research and consult financial advisors before making investment decisions based on this information.

Astral Limited has announced the acquisition of the remaining 20% stake in its subsidiary, Astral Coatings Private Limited, for Rs. 75 crore. This strategic move transforms Astral Coatings into a wholly-owned subsidiary of Astral Limited, granting the company complete control over its coatings business.

Acquisition Details

The Board of Directors of Astral Limited approved the acquisition on September 10, 2025. The transaction involves purchasing the remaining 20% equity shares of Astral Coatings from the existing shareholder, increasing Astral's stake from 80% to 100%.

About Astral Coatings

Astral Coatings Private Limited, formerly known as Gem Paints Private Limited, operates in the manufacturing, selling, and distribution of paints, varnishes, coatings, home decor products, and industrial paints. The company has shown consistent performance over the past few years:

Strategic Implications

Chintankumar Patel, Company Secretary of Astral Limited, stated in the regulatory filing that the acquisition is expected to result in operational efficiency, synergy, and faster decision-making processes. This move aligns with Astral's strategy to strengthen its position in the coatings market.

Transaction Timeline

The company anticipates completing the transaction on or before October 31, 2025. No governmental or regulatory approvals are required for this acquisition.

Market Impact

This acquisition represents a significant step for Astral Limited in consolidating its presence in the coatings industry. By gaining full control over Astral Coatings, the company is poised to streamline operations and potentially explore new growth opportunities in the paints and coatings sector.

Investors and market watchers will likely keep a close eye on how this full ownership impacts Astral Limited's financial performance and market position in the coming quarters.