JD Cables Completes ₹10.45 Crore Property Acquisition with Registered Deed

1 min read     Updated on 24 Dec 2025, 02:30 PM
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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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JD Cables Limited Expands Business Scope with New Electrical Contractor License

1 min read     Updated on 03 Dec 2025, 03:02 PM
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Shriram SScanX News Team
AI Summary

JD Cables Limited has obtained an Electrical Contractor License from the West Bengal Government's Department of Power, valid for 5 years. This license allows the company to bid for government and private sector EPC contracts, expanding its services beyond manufacturing to include electrical works, substation installations, and distribution infrastructure projects. The company's recent financial data shows significant growth, with total assets increasing by 155.43% to ₹115.20 crore and total equity growing by 284.62% to ₹30.00 crore compared to the previous year.

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JD Cables Limited, a manufacturer of wires, cables, and conductors, has recently secured an Electrical Contractor License from the Department of Power, Government of West Bengal. This strategic move marks a significant expansion in the company's service portfolio, enabling it to venture beyond its core manufacturing business.

Key Highlights of the License

  • Issuing Authority: Department of Power, Government of West Bengal
  • Validity: 5 years
  • Scope: Allows bidding for government and private sector EPC contracts

Expanded Business Opportunities

The new license empowers JD Cables Limited to undertake a range of electrical projects, including:

  • Electrical works
  • Substation installations
  • Distribution infrastructure
  • Related turnkey project activities

This development is expected to have a positive impact on the company's business expansion and future growth prospects.

Financial Performance Overview

To provide context on the company's financial position, here's a snapshot of key financial metrics based on the most recent balance sheet data:

Metric Current Year 1 Year Ago Change (%)
Total Assets ₹115.20 crore ₹45.10 crore 155.43%
Current Assets ₹104.60 crore ₹40.60 crore 157.64%
Fixed Assets ₹9.60 crore ₹3.30 crore 190.91%
Total Equity ₹30.00 crore ₹7.80 crore 284.62%
Current Liabilities ₹83.80 crore ₹36.90 crore 127.10%

The financial data reveals significant growth across various metrics over the past year, indicating a robust expansion of the company's operations. The substantial increase in total assets and equity suggests that JD Cables Limited has been strengthening its financial position, which could support its new ventures in the electrical contracting space.

This license acquisition aligns with the company's growth trajectory, potentially opening up new revenue streams and enhancing its market position in the electrical infrastructure sector.

As JD Cables Limited embarks on this new chapter, stakeholders will be keen to observe how the company leverages this opportunity to drive further growth and diversify its business operations.

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