Shringar House of Mangalsutra Limited has completed the relocation of its manufacturing operations from Lower Parel to Kandivali, Mumbai, marking a significant expansion in the company's production capabilities. The transition, effective February 23, 2026, represents a strategic move to enhance operational efficiency and accommodate future growth requirements.

Facility Relocation Details

The company has shifted its manufacturing unit from the 3rd Floor, A-1, Todi Industrial Estate, Sun Mill Compound, Lower Parel to a new location at Ground, 1st and Part of 2nd Floor, Gala no 21 ABCD, Government Industrial Estate, Charkop, Kandivali West, Mumbai. All manufacturing operations from the existing unit ceased immediately on February 23, 2026, with the company commencing operations at the new facility on the same day.

Investment and Strategic Rationale

The expansion requires an investment of approximately Rs. 15 crore, which will be funded entirely through internal accruals. This self-funded approach demonstrates the company's strong financial position and commitment to organic growth. Commercial production at the existing capacity of 2,500 kg began immediately with the facility's opening on February 23, 2026.

The incremental capacity addition to reach the full 4,000 kg annual production is expected to be completed within three months, subject to receipt of necessary approvals. The strategic rationale encompasses increasing production capacity to meet growing market demand, installing advanced and automated machinery for enhanced efficiency, and positioning the company for future expansion.

Management Commentary

Commenting on the relocation, Mr. Chetan Thadeshwar, Managing Director of Shringar House of Mangalsutra Limited, said, "The inauguration of our new Kandivali manufacturing facility marks a significant milestone in our growth journey. Relocating to a larger, technologically advanced unit enables us to enhance operational efficiency, strengthen our infrastructure, and substantially increase our production capacity from 2,500 kg to 4,000 kg. This strategic upgrade positions us to better serve our partners, scale our operations, and meet the rising demand with greater agility and precision."

Company Profile

Shringar House of Mangalsutra Limited specializes in the design, production, and distribution of Mangalsutras across India. The company boasts a portfolio of over 15 distinct collections and more than 10,000 active SKUs, serving 34 corporate clients, 1,089 wholesalers, and 81 retailers across 24 states and 4 union territories. Its prominent corporate customers include Malabar Gold, Titan, Reliance Retail, Novel Jewel, Joyalukkas, PN Gadgil Jewellers, and Damas Jewellery.

Regulatory Compliance

The relocation has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The facility relocation represents a significant milestone in the company's growth strategy, positioning it to better serve customers while maintaining operational excellence in jewelry manufacturing.

Shringar House of Mangalsutra Limited has formally notified stock exchanges about its upcoming board meeting scheduled for February 11, 2026, to review and approve the company's third quarter financial performance for FY26. Following the board meeting, the jewelry company has also scheduled an earnings call for February 12, 2026.

Board Meeting Details

The jewelry company's Board of Directors will convene on Wednesday, February 11, 2026, with the primary agenda focused on reviewing the standalone unaudited financial results for the quarter ended December 31, 2025. The meeting notification, issued on February 04, 2026, was sent to both major Indian stock exchanges where the company is listed.

Earnings Call Announcement

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Shringar House of Mangalsutra Limited has scheduled an earnings call for Thursday, February 12, 2026, at 03:00 PM IST. The call will discuss the unaudited financial results for the quarter and nine months ended December 31, 2025, with investors and analysts.

Key Participants

The earnings call will feature senior management including Mr. Chetan Thadeshwar (Chairman & Managing Director), Mr. Viraj Thadeshwar (Executive Director & Chief Executive Officer), Mr. Ritesh Doshi (Chief Financial Officer), and Mr. Rachit Sinha (Company Secretary & Compliance Officer). Conference dial-in numbers have been provided for both domestic and international participants, with universal dial-in numbers +91 22 6280 1550 and +91 22 7115 8378.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, Shringar House of Mangalsutra Limited has implemented strict trading window restrictions. The company initiated the trading window closure on December 29, 2025, and this restriction will continue until 48 hours following the official announcement of financial results. The trading window closure applies to the company's shares listed on both NSE (Symbol: SHRINGARMS) and BSE (Scrip Code: 544512).

Regulatory Compliance

Both notifications demonstrate the company's adherence to regulatory requirements under SEBI regulations. Company Secretary and Compliance Officer Rachit S Sinha (Membership No A64256) signed the official communications, ensuring proper corporate governance protocols are followed. All relevant information has been uploaded to the company's official website at www.shringar.ms for stakeholder access and transparency.