NewsCorporate ActionsJD Cables Completes ₹10.45 Crore Property Acquisition with Registered DeedJD Cables Completes ₹10.45 Crore Property Acquisition with Registered Deed
JD Cables Limited has successfully completed the purchase of 164.29 Cottah industrial property from Star Battery Limited for ₹10.45 crores through a registered Deed of Conveyance executed on December 23, 2025. The acquisition, combined with earlier ₹5.72 crore machinery investment, totals ₹16.17 crores and enables the company to expand production capacity, introduce new product lines including AL-59 and HTLS Conductors, and strengthen its market position in the cables and conductors segment.
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JD Cables Limited has successfully completed its strategic property acquisition by executing and registering the Deed of Conveyance for industrial land in Hooghly District. The company's expansion plans have moved from agreement stage to final completion with all legal formalities concluded.
Property Transaction Completion
JD Cables has finalized the purchase of industrial property from Star Battery Limited through a registered Deed of Conveyance executed on December 23, 2025. The transaction details are as follows:
| Transaction Details: | Specifications |
|---|---|
| Registration Date: | December 23, 2025 |
| Registration Office: | Additional Registrar of Assurance-IV, Kolkata |
| Property Size: | 164.29 Cottah (271.57 Satak) |
| Total Consideration: | ₹10.45 Crores |
| Location: | Mouza-Dankunibill, Hooghly District |
| Property Status: | Free from all encumbrances |
Legal and Financial Compliance
The company has completed all statutory requirements for the property transfer:
| Compliance Aspect: | Details |
|---|---|
| Stamp Duty: | ₹30.00 (paid online) |
| Registration Fees: | ₹10.63 Lakhs |
| Payment Method: | RTGS/NEFT Bank Transfer |
| Document Status: | Digitally signed and registered |
| Deed Number: | I-1904-18760/2025 |
Strategic Business Impact
Piyush Garodia, Managing Director of JD Cables, emphasized the strategic significance of this acquisition for the company's growth trajectory. The completion enables several key business objectives:
- Production Expansion: The facility provides substantial manufacturing infrastructure with existing factory sheds measuring approximately 36,787 square feet
- Product Diversification: The company plans to introduce new product lines including AL-59 Conductors, MV/CC Conductors, HTLS Conductors, and HT Cables
- Capacity Enhancement: The acquisition supports the company's vision for broader manufacturing scale and capacity building
- Market Positioning: Strengthens JD Cables' position in the wires, cables, and conductors segment across domestic and export markets
Machinery Investment Integration
The property acquisition complements the company's earlier ₹5.72 crore machinery investment for its Conductor Division. The combined investment of ₹16.17 crores positions JD Cables for enhanced operational efficiency and meeting growing market demand for its cable and conductor products.
The successful completion of this major acquisition demonstrates JD Cables' commitment to sustainable revenue growth through capacity enhancement and modernization, reinforcing its market position in the competitive cable manufacturing industry.
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