Jigar Cables Limited has announced the appointment of M/s Sagar M. Kapadiya & Co., Cost Accountants, as its Cost Auditor for the financial year ending March 31, 2026. The Board of Directors approved this appointment on December 31, 2025, following a recommendation from the Audit Committee.

Board Meeting Details

The Board meeting was conducted on December 31, 2025, commencing at 02:15 p.m. (IST) and concluding at 02:50 p.m. (IST). The appointment was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Cost Auditor Profile and Expertise

The following table provides key details about the appointed Cost Auditor:

Professional Background

M/s Sagar M. Kapadiya & Co. operates as a proprietorship firm headed by CMA Sagar M. Kapadiya, who holds qualifications as a Cost and Management Accountant and is a Commerce Graduate from Gujarat University. The firm has been in professional practice since 2013, accumulating over a decade of specialized experience.

Service Capabilities

The appointed firm has developed comprehensive expertise across multiple areas:

• Cost audit and maintenance of cost accounting records under Section 148 of the Companies Act, 2013
• Design and implementation of robust costing systems
• Cost control and cost reduction mechanisms
• Profitability and variance analysis
• Strategic decision-support through cost management
• Comprehensive GST advisory and compliance services

Industry Experience

The firm has gained exposure across a wide range of manufacturing and industrial sectors, focusing on delivering value-driven, compliant, and industry-oriented cost management solutions aligned with statutory and business requirements. This broad sectoral experience positions the firm to understand the specific cost management needs of Jigar Cables Limited's cable manufacturing operations.

Regulatory Compliance

The appointment disclosure was made in compliance with Schedule III of the SEBI Listing Regulations and SEBI Circular dated November 11, 2024. The company has fulfilled all required regulatory disclosure obligations for this appointment, ensuring transparency with stakeholders and regulatory authorities.

Jigar cables Limited has announced the establishment of a new manufacturing facility at Gomta, Rajkot, marking a significant expansion in its production capabilities. The Board of Directors approved this strategic initiative during their meeting held on December 31, 2025, building upon the company's earlier acquisition of industrial property at the same location in August 2025.

New Manufacturing Facility Details

The new facility will focus on manufacturing three key product categories in the electrical cables segment. The company plans to commence production of Medium Voltage Control Cables (MVCC), High Tension (HT) Cables, and Power and Control Cables (PCC) at the Gomta location.

Product Portfolio Expansion

The expansion encompasses three primary product lines designed to cater to the domestic electrical cables market. The new products will strengthen the company's position in the power and control cables segment.

Key Products

• High Tension (HT) Cables: Industrial-grade cables for high voltage applications
• Medium Voltage Control Cables (MVCC): Specialized cables for medium voltage control systems
• Power and Control Cables (PCC): General-purpose power transmission and control cables

Production Timeline and Capacity

Commercial production from the new facility is expected to commence within the next one to three months, subject to completion of installation and trial runs. The facility's installed capacity of 500 KM per month will be utilized progressively based on market demand, allowing the company to scale operations according to business requirements.

Strategic Objectives

The establishment of the new manufacturing facility and product portfolio expansion are aimed at strengthening the company's manufacturing capabilities and catering to evolving market demand. This initiative supports the company's future growth strategy in the electrical cables sector, focusing exclusively on the domestic market.

The Board meeting, which commenced at 02:15 p.m. (IST) and concluded at 02:50 p.m. (IST) on December 31, 2025, formalized these expansion plans as part of the company's regulatory compliance under SEBI Listing Regulations.