Sunita Tools Limited , a recognized leader in the Mould base industry and an emerging manufacturer of Defence products, has announced a significant expansion of its manufacturing capabilities. The company has acquired a second factory building on rent in Faridabad, marking a crucial step in its defence manufacturing roadmap.

Expansion Details

• New Facility: Second factory building acquired on rent in Faridabad
• Purpose: To house Line 2 for artillery shell manufacturing
• Planned Production Start: October 2026
• Funding: Loan from Directors

Strategic Importance

This expansion represents a significant milestone for Sunita Tools Limited, demonstrating the company's commitment to strengthening its position in the defence manufacturing sector. The new facility is expected to enhance the company's production capacity for artillery shells, a critical component in the defence industry.

Management Commentary

Mr. Sanjay Kumar Pandey, Whole Time Director of Sunita, commented on the development:

"We are pleased to announce the acquisition, on rent, of our second factory building in Faridabad dedicated to the manufacturing of artillery shells. This facility will house Line 2, and installation and commissioning of the required machinery is planned to be completed by October 2026. The timely infusion of funds as a loan by the Directors has significantly expedited the project, enabling us to progress well ahead of schedule. With this expansion, we remain fully committed to strengthening our Defence manufacturing capabilities and delivering on all project timelines."

Company Background

Sunita Tools Limited boasts over three decades of experience in the Engineering and Mould Base Industry. The company's core expertise lies in the manufacture of Ground Plates, Mould Bases, and Precision CNC Machining. Their products serve as essential components for various manufacturing industries, including Automotive, Pharmaceutical, Electronics, Consumer Goods, Aerospace, and Defence sectors.

Looking Ahead

The expansion into artillery shell manufacturing represents a strategic diversification for Sunita Tools Limited. As the company progresses towards the planned commencement of commercial production in October 2026, investors and industry observers will be keen to see how this move strengthens Sunita Tools' position in the defence manufacturing sector and impacts its overall business performance.

Note: This expansion plan is subject to various factors, including the timely delivery of critical hydraulic presses by the vendor. Investors are advised to monitor further updates from the company regarding the progress of this expansion project.

Sunita Tools Limited , a veteran in the engineering and mould base industry, has made a significant move into the naval defence and shipbuilding sector by acquiring a 51% stake in two Avisan Group companies: Avisan Global Tech Private Limited and Avisan Engineering Enterprises. This strategic acquisition marks Sunita Tools' entry into a new segment of the defence industry, diversifying its portfolio and positioning itself for growth in the naval sector.

Key Acquisition Details

The acquisition brings immediate benefits to Sunita Tools, including:

Expansion into Naval Defence

The Avisan Group specializes in:

• Weapons Installation
• Ship building
• Ship retrofitting
• Other aspects of naval defence and shipbuilding industry

This acquisition allows Sunita Tools to expand its defence portfolio, which already includes an artillery shells factory nearing commercial production.

Strategic Importance

Sanjay Pandey, Chairman & Whole Time Director of Sunita Tools Limited, commented on the acquisition:

"This acquisition gives us access to a new segment of the defence industry in India - the naval defence and shipbuilding and retrofitting sector, which is huge and ever-growing. With the Avisan Group, we are well-positioned to cater to the needs of this industry and drive exponential growth in our defence business."

Sunita Tools' Background

Sunita Tools Limited has over 36 years of experience in the Engineering and Mould Base Industry. The company's core expertise includes:

• Manufacture of Ground Plates
• Mould Bases
• Precision CNC Machining
• Aerospace parts
• Empty Artillery shells

Their products serve various sectors including Automotive, Pharmaceutical, Electronics, Consumer Goods, Aerospace, and Defence.

Future Outlook

The acquisition is expected to strengthen Sunita Tools' position in the defence sector, allowing it to leverage Avisan Group's expertise in naval defence and shipbuilding. As the naval defence industry in India continues to grow, this strategic move positions Sunita Tools to capitalize on new opportunities and expand its presence in the defence market.

It's important to note that while the company expresses optimism about future growth, these forward-looking statements are subject to various risks and uncertainties, including government actions, local political or economic developments, and technological risks.

This acquisition represents a significant step for Sunita Tools in its journey to become a diversified defence company, serving multiple facets of the sector.