Shilchar Technologies Limited announced that the company is under process of expansion of productions facilities from 4000 MVA TO 5000 MVA by extention of existing shop floor for manufacturing of Distribution and Power Transformers. The Company will be able to complete this capacity expansion by end of the current financial year. Further, manufacturing facilities of Electronic and Telecommunication Transformers will be shifted from existing Bil plant to Gavasad factory.

Both put together, it will require capital expenditure around INR 100,000,000.