NSEPostponement of commercial production/operations1 Oct 2026 · 1 Oct 2026, 04:33 pm

Postponement of commercial production/operations

Studds Accessories Limited · STUDDS

✦ AI SummaryExpansion

Studds Accessories Limited has postponed the commercial production at its Manufacturing Facility-V due to operational and procedural matters. The company had initially expected commercial production by the end of Q2 FY 2027, but now expects it by the end of October 2026 or earlier.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Update on commercial production at Manufacturing Facility-V

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Studds1983_01102026163010_Intimation30092026.pdf

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PHONES : 91-129-4296500 E mail : sales@studds.com, info@studds.com, secretarial@studds.com CIN No.: L25208HR1983PLC015135 Date: October 1, 2026 To, To, National Stock Exchange of India BSE Limited Ltd., Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai – 400 051 NSE Scrip Symbol: STUDDS BSE Scrip Code: 544599 Subject: Update on commercial production at Manufacturing Facility-V Dear Sir/ Ma’am, This is in continuation of our intimation dated January 31, 2026, wherein the Company had informed that the commencement of commercial production / commercial operations at Manufacturing Facility-V at Plot No. 927, Sector-68, IMT Faridabad, Haryana, which was delayed due to the implementation of GRAP standards in the Delhi-NCR region, was expected before the end of Q2 of FY 2027. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the commencement of commercial production at Manufacturing Facility-V has been further delayed on account of certain operational and procedural matters taking longer than anticipated. However, we are happy to inform that the Company has received the Occupation Certificate in respect of Manufacturing Facility-V on September 30, 2026. Thereby, the commercial production is now expected by the end of October 2026 or earlier, subject to receipt of requisite approvals. The date of commencement of commercial production will be intimated accordingly in due course. This information will also be available on the website of the Company at www.studds.com under Investor Relations’ Section. This is submitted for your information & records. Thanking You, FOR STUDDS ACCESSORIES LIMITED ASHA MITTAL Company Secretary and Compliance Officer