Business Update - Suprajit Controls Division

Further to the Business Update dated 28th May 2025, Suprajit announces the following restructuring measures at SCD:

Mexico Operations Consolidation: All operations at Mexico plant, will be relocated. While most manufacturing will shift to Matamoros, Mexico plant, some lowvolume/high-value products will move to Wichita, USA. The Juarez plant (run by a thirdparty Maquiladora arrangement) will close by December 2025. The Brownsville warehouse will be expanded to support the business growth of SCD. Total expense: ~$500K; Annual savings: ~$750K.

Suprajit Canada: Suprajit Canada will move from two facilities totalling 19,000 sq.ft. at Everest Drive, Mississauga, to a single, larger, and operationally more suitable 30,000 sq.ft. facility at Columbus Rd, Mississauga. Completion is targeted for end-September with minimum financial impact, while providing additional space for expansion.

Suprajit Germany GmbH (SGG) Rightsizing: Following the complex relocation of operations to Suprajit Morocco and the warehouse to Suprajit Hungary, the SGG team will be right sized to focus on Business development and Engineering support. Company thanks the team for their dedicated efforts in addressing the significant challenges faced by the operations in recent years. This will be completed by December 2025. Total expense: ~€1.1M; Annual Savings: ~€850K.

This marks the final phase of restructuring at SCD, as outlined in the above Business Update. These actions are in line with budgeted plans and costs. They will streamline SCD's global operations, including the recently acquired SCS entities/assets. This will enable an optimized operational footprint, enhanced customer service, and improved cost efficiency. Current Year Q4 operational data is expected to reflect these measures.

Shares of Suprajit Engineering Limited was last trading in BSE at Rs. 466.60 as compared to the previous close of Rs. 469.65. The total number of shares traded during the day was 13928 in over 868 trades.

The stock hit an intraday high of Rs. 481.95 and intraday low of 464.40. The net turnover during the day was Rs. 6552223.00.

Source : Equity Bulls

Keywords

SuprajitEngineering INE399C01030 BusinessUpdate SuprajitControlsDivision SCD Restructuring