aerpace Industries Limited - Business Update - Progress on Pune Manufacturing Facility

aerpace Industries Limited (Formerly known as Supremex Shine Steel Limited) has announced update on the progress of the Pune manufacturing facility which continues in line with its long-term strategy to establish a state-of-the-art hub for defence, mobility, and renewable energy technologies.

While regulatory clearances and statutory approvals have extended initial timelines, significant developments have taken place in recent weeks:

− Consignments - Delivery of all machinery and equipments has completed.
− Machinery - Installation and alignment of core machinery is underway.
− Infrastructure - Critical sections of the facility are being prepared for operational integration.

The facility is positioned to become a strategic nucleus for innovation, enabling scalable development across multiple verticals of the aerpace ecosystem. This foundation will support long-term value creation and reinforce our commitment to delivering sustainable, future-ready solutions.

Although schedules have been adjusted, the overall program remains firmly aligned with organizational objectives. Stakeholder support continues to play a vital role in driving momentum toward operational readiness.

Shares of aerpace Industries Ltd was last trading in BSE at Rs. 24.22 as compared to the previous close of Rs. 24.49. The total number of shares traded during the day was 327831 in over 693 trades.

The stock hit an intraday high of Rs. 25.28 and intraday low of 23.71. The net turnover during the day was Rs. 8038157.00.

Source : Equity Bulls

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aerpaceIndustries INE175N01023 BusinessUpdate Pune NewManufacturingFacility