NSEGeneral Updates10h ago · 20 Oct 2026, 03:09 pm

General Updates

Quality Power Electrical Equipments Limited · QPOWER

✦ AI Summary▲ PositiveExpansion

Quality Power Electrical Equipments Limited has commenced manufacturing operations at its new Global Coil Factory at Kupwad MIDC, Sangli, Maharashtra, with effect from 20 October 2026.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10

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Full Announcement

Quality Power Electrical Equipments Limited has informed the Exchange about the commencement of its new Global Coil Factory at Kupwad MIDC, Sangli, Maharashtra.

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QPOWER1234_20102026150850_IntimationofCommencementofGlobalCoilFactory20102026Sign.pdf

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20th October 2026 To, To, National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Bandra-Kurla Complex, Bandra (East), Towers, Dalal Street, Mumbai – 400051 Fort, Mumbai – 400001 NSE Symbol: QPOWER BSE Scrip Code: 544367 ISIN: INE0SII01026 Subject: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 – Commencement of Manufacturing Operations at the New Global Coil Factory, Sangli, Maharashtra Dear Sir/Madam, We are pleased to inform you that Quality Power Electrical Equipments Limited has commenced manufacturing operations at its new Global Coil Factory at Kupwad MIDC, Sangli, Maharashtra, with effect from 20 October 2026, coinciding with the auspicious occasion of Vijayadashami (Dussehra). The greenfield facility has been developed as a major manufacturing centre for high-voltage air- core dry-type reactors and specialised coil products, catering to HVAC, HVDC, FACTS, renewable energy integration and other critical power transmission applications. The facility incorporates advanced coil winding infrastructure, dedicated high-voltage testing capabilities and integrated conductor processing facilities, including manufacturing capabilities for specialised HVDC winding conductors. The investment is intended to strengthen manufacturing integration, improve production efficiency and enhance the Group's ability to execute large and technically complex international projects. The commencement of operations marks a significant milestone in the Company's capacity expansion programme and establishes the foundation for its next phase of growth in the global high-voltage equipment market. The facility will progressively ramp up production as additional manufacturing lines and associated infrastructure are commissioned, in line with the Company's planned expansion programme. This development is in continuation of the Company's previously communicated capital expenditure and manufacturing capacity expansion initiatives. The above information is being submitted for your records pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking You, Yours faithfully, For QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Deepak Ramchandra Suryavanshi Company Secretary and Compliance Officer ICSI Membership No.: A27641 Place: Sangli