Jigar Cables Limited Establishes New Manufacturing Facility for Cable Production Expansion

1 min read     Updated on 31 Dec 2025, 03:13 PM
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Overview

Jigar Cables Limited announced establishment of new manufacturing facility at Gomta, Rajkot with Board approval on December 31, 2025. The facility will produce Medium Voltage Control Cables, High Tension Cables and Power Control Cables with 500 KM monthly capacity. Commercial production expected within 1-3 months, targeting domestic market to strengthen manufacturing capabilities and support future growth.

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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.

Parameter: Details
Facility Location: Gomta, Rajkot
Installed Capacity: 500 KM per month
Expected Production Start: Within 1-3 months
Market Focus: Domestic
Product Category: Electrical Wires and Cables

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.

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Jigar Cables Company Secretary Nishant Goswami Resigns to Pursue External Career Opportunities

1 min read     Updated on 26 Dec 2025, 06:43 PM
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Reviewed by
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Overview

Jigar Cables Limited announced the resignation of Company Secretary and Compliance Officer Nishant Giri Vinod Giri Goswami, effective December 31, 2025. Goswami submitted his resignation on December 26, 2025, to pursue career opportunities outside the organization. The company is actively searching for a suitable replacement and will inform the stock exchange once the position is filled.

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Jigar Cables Limited has announced the resignation of its Company Secretary and Compliance Officer, Mr. Nishant Giri Vinod Giri Goswami, effective December 31, 2025. The company informed the BSE Limited (SME Platform) about this key managerial personnel change through a formal intimation dated December 26, 2025.

Resignation Details

Mr. Goswami submitted his resignation letter on December 26, 2025, stating his intention to pursue alternative career opportunities outside the organization. He will be relieved from his duties and responsibilities with effect from the close of business hours on December 31, 2025.

Parameter: Details
Resignation Date: December 26, 2025
Effective Date: December 31, 2025
Position: Company Secretary and Compliance Officer
Reason: Pursue alternative career opportunities
Status: Key Managerial Personnel

Regulatory Compliance

The resignation announcement was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and the Industry Standards Note on Regulation 30 of the SEBI Listing Regulations. The company has provided all required disclosures under SEBI regulations, including SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Succession Planning

Jigar Cables Limited has indicated that it is actively in the process of identifying and appointing a suitable candidate for the Company Secretary and Compliance Officer position. The company has committed to informing the stock exchange accordingly upon filling up the vacancy.

Corporate Communication

The formal intimation was signed by Ramnik P. Vaghasiya, Whole-Time Director (DIN: 06965718), and included the complete resignation letter from Mr. Goswami as an annexure. In his resignation letter, Goswami expressed sincere thanks to the Board of Directors, CFO, senior management, and colleagues for their support and cooperation during his tenure with the company.

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