Jyoti CNC Automation Limited has appointed Mrs. Prafulla P. Shenoy as Additional Independent Director, effective January 19, 2026. The appointment was approved during a board meeting held on the same date, which commenced at 12:35 PM and concluded at 12:55 PM.

Board Appointment Details

The company informed stock exchanges about the appointment pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Shenoy has been designated as an Independent Director with Director Identification Number (DIN) 06705629.

Professional Background

Mrs. Prafulla P. Shenoy brings substantial banking expertise to the board, with a professional career spanning 36 years at IDBI and SIDBI. Her experience covers comprehensive development banking operations including:

• Resource raising and management
• Integrated treasury operations
• Corporate accounts management
• Institutional finance
• Direct finance operations

During her tenure, she held various operational responsibilities ranging from heading entire functions to managing branches at different locations. Prior to her retirement, she was responsible for heading Treasury and Institutional Finance divisions.

Qualifications and Current Activities

Mrs. Shenoy holds academic qualifications including M.Com. and CAIIB (Certified Associate of Indian Institute of Bankers). Beyond core banking operations, she participated in non-core banking functions and served as part of the POSH (Prevention of Sexual Harassment) Committee and as a member of interview boards.

Post-retirement, she continues her professional engagement as a consultant and serves as part of the interview board at Mudra. Currently, she is associated with educational institutions in Mumbai and NGOs focused on providing education, health, and other societal support services.

Regulatory Compliance

The company confirmed that Mrs. Shenoy is not debarred from holding the office of director by any SEBI order or other regulatory authority. She has no relationships with existing directors of the company. The appointment follows all requirements under the SEBI Master Circular dated November 11, 2024, and related stock exchange circulars.

The appointment strengthens Jyoti CNC Automation's board with additional banking and financial expertise, particularly in areas of treasury management and institutional finance that could benefit the company's strategic initiatives.

Jyoti CNC Automation Limited , a prominent player in the CNC machine manufacturing sector, has announced a significant expansion of its European operations. The company's wholly owned subsidiary, Huron Graffenstanden SAS, has commenced operations at a new production facility within its existing premises in France.

Expansion Details

The new production facility, which began operations on November 19, 2023, marks a strategic move by Jyoti CNC to strengthen its manufacturing capabilities in the European market. This expansion is expected to enhance the company's ability to serve its European clientele more effectively and potentially increase its market share in the region.

Strategic Implications

This development is particularly noteworthy for several reasons:

1. Market Presence: The expansion reinforces Jyoti CNC's commitment to the European market, potentially allowing for faster response times and more tailored solutions for local customers.

2. Production Capacity: The new facility is likely to increase the overall production capacity of Huron Graffenstanden SAS, which could lead to improved supply chain efficiency and potentially shorter lead times for European orders.

3. Technological Advancement: While specific details about the new facility's capabilities are not provided, it may incorporate advanced manufacturing technologies, aligning with Jyoti CNC's reputation for innovation in the CNC machine industry.

4. Economic Impact: The expansion may have positive implications for the local economy in France, potentially creating new job opportunities and contributing to the industrial sector's growth.

Company Background

Jyoti CNC Automation Limited, headquartered in Gujarat, India, is known for its expertise in CNC (Computer Numerical Control) machine manufacturing. The company's expansion through its French subsidiary, Huron Graffenstanden SAS, demonstrates its global ambitions and commitment to serving international markets.

This strategic move aligns with the broader trend of Indian manufacturing companies expanding their global footprint, particularly in advanced economies. It showcases Jyoti CNC's ability to compete on an international scale and its dedication to meeting the evolving needs of the European manufacturing sector.

As Jyoti CNC moves forward with this expansion, stakeholders will likely be watching closely to see how this new production facility impacts the company's performance and market position in Europe.