SMT Engineering Limited 's material subsidiary, Sai Machine Tools Private Limited, has executed a 99-year lease deed with Madhya Pradesh Industrial Development Corporation (MPIDC). The agreement secures 40,000 square meters of land in Indore's Smart Industrial Township, marking a strategic move for the company's growth in the manufacturing sector.

Lease Details and Planned Facility

The newly acquired land will be utilized for a state-of-the-art manufacturing facility focused on:

• Plastic processing machinery
• Plastic products
• Engineering jobwork for defense industries

The company has announced an expected investment of approximately ₹140 crore for this new venture, signaling a substantial commitment to expanding its production capabilities.

Financial Implications

The lease agreement and planned investment come at a time when SMT Engineering has shown significant growth in its financial position. Let's look at some key financial metrics from the company's consolidated balance sheet:

The company's balance sheet reflects a substantial increase in total assets and shareholders' capital, indicating a strong financial position to support this expansion. The significant rise in current assets suggests improved liquidity, which could be instrumental in funding the new project.

Strategic Implications

1. Diversification: The new facility will enable SMT Engineering to diversify its product portfolio, particularly in the plastic processing and defense sectors.

2. Long-term Commitment: The 99-year lease demonstrates a long-term commitment to the region and confidence in the company's growth prospects.

3. Job Creation: This expansion is likely to create new employment opportunities in the Indore region, contributing to local economic development.

4. Enhanced Production Capacity: With the substantial investment planned, the company is poised to significantly increase its production capacity and potentially its market share.

Conclusion

SMT Engineering's strategic move to secure a long-term lease for expansion aligns with its financial growth over the past year. As the company embarks on this significant investment, stakeholders will be keen to observe how this expansion translates into future revenue growth and market positioning, particularly in the plastic processing and defense sectors.

Investors and industry observers may want to monitor the progress of this new facility and its impact on SMT Engineering's financial performance in the coming quarters.

SMT Engineering has successfully shifted its registered office from West Bengal to Madhya Pradesh, marking a significant corporate move. The Ministry of Corporate Affairs has approved this relocation, with the Certificate of Registration issued on November 20, 2025.

Key Details of the Relocation

Corporate Actions Taken

SMT Engineering has taken several steps to complete this relocation:

1. Special Resolution: The company passed a special resolution to alter its Memorandum of Association regarding the registered office location.

2. Regional Director's Order: An order from the Regional Director, dated October 16, 2025, confirmed the alteration.

3. BSE Notification: The company has informed the Bombay Stock Exchange (BSE) about the jurisdictional change from ROC Kolkata to ROC Gwalior.

4. Certificate of Registration: The Registrar of Companies, Madhya Pradesh, issued the Certificate of Registration of Regional Director order for Change of State on November 20, 2025.

New Registered Office Address

The updated mailing address for SMT Engineering, as per the Registrar of Companies office records, is:

Plot No 23 D Sector A Sanwer Road Industrial Area, Near Parle G Biscuit Factory, Industrial Estate (Indore), Indore, Indore452015, Madhya Pradesh, India

This relocation of SMT Engineering's registered office represents a significant corporate action, potentially impacting its administrative operations and regulatory compliance framework. Shareholders and stakeholders should take note of this change for future communications and regulatory purposes.