Havells India: Intimation Under Regulation 30 | Value Research

Havells India: Intimation Under Regulation 30

This is with respect to the existing manufacturing plant of the Company viz. Havells India Limited in Ghiloth whereby the Company is planning to expand the capacity for production of washing machines.Accordingly the prescribed details with respect to the capacity addition of washing machines at Ghiloth as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 are given hereunder:- Existing Capacity - 3 00 000 units per annum at Ghiloth Existing capacity utilization - 68% (basis last months production during July 2022) Proposed capacity addition - Additional 3 80 000 units per annum at Ghiloth Period within which the proposed capacity is to be added - By 30 June 2023 Investment Required - INR 130 crores (estimated) Mode of financing - Internal accrual Rationale - Business expansion

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