NSECapacity addition18 Jun 2026 · 18 Jun 2026, 06:51 pm

Capacity addition

Endurance Technologies Limited · ENDURANCE

✦ AI Summary▲ PositiveExpansion

Endurance Technologies Limited has informed the Exchange about capacity addition for manufacturing Lithium-Ion Battery packs at the Company's existing facility at Mindewadi, Pune. The proposed capacity addition is expected to be completed in Q3 of the current financial year, with an investment of ~Rs. 62 crore (net of GST Tax credit). The Company has already started commercial production of battery packs for two-wheelers from 17th June, 2026, and with this investment, it shall be in a position to expand into the manufacturing of battery packs for four-wheelers.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Endurance Technologies Limited has informed the Exchange about capacity addition for manufacturing Lithium-Ion Battery packs at the Company's existing facility at Mindewadi, Pune.

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ENDURANCE_18062026185024_2026_06_18_-_Capacity_addition_battery_packs__Mindewadi_-_Final.pdf

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ENDURANCE TECHNOLOGIES LIMITED 2nd Floor, Kumar Solitaire, S. No. 216B/218A/215A, Near Aga Khan Palace, Shastri Nagar, Nagar Road, Pune-411 006 (M.S.), India Tel: +91-20-68284200 Fax: +91-20-26680894 Website: www.endurancegroup.com CIN No. L34102MH1999PLC123296 18th June, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 BSE Code: 540153 NSE Code: ENDURANCE Sub.: Capacity addition for manufacturing Lithium-Ion Battery packs Ref.: 1. Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”); and 2. Our letter dated 17th June, 2026 informing commencement of commercial production at the Company’s plant in Mindewadi, District Pune. Dear Sir / Madam, The Company has announced commencement of commercial production of Lithium- Ion Battery packs vide its letter dated 17th June, 2026. To manufacture battery packs for the four-wheeler segment, the Company has evaluated and decided to expand its manufacturing capacity at the existing facility at Mindewadi, Taluka Maval, District Pune, Maharashtra. The details required pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 are enclosed as Annexure – I. We request you to take the above information on record. Thanking you, Yours faithfully, For Endurance Technologies Limited Sunil Lalai Company Secretary, Compliance Officer and Head – Legal Membership No.: A8078 Encl.: As above Annexure – I Disclosure under Regulation 30 of Listing Regulations Sr. Particulars Description 1. E xisting capacity of the ~26,000 battery packs per month for two- Company (per month) wheelers. 2. E xisting capacity The commercial production commenced on 17th utilisation June, 2026, with a line of sight to achieve 70% utilisation by October 2026. 3. P roposed capacity addition 3,640 battery packs per month for four- (per month) wheelers. 4. P eriod within which the Capacity addition is expected to be completed in proposed capacity is to be Q3 of the current financial year. added 5. In vestment required ~Rs. 62 crore (net of GST Tax credit) 6. M ode of financing Internal accruals 7. R ationale The Company has launched battery packs as a new product line for mobility, energy storage and other high potential applications, to meet the anticipated growth in those sectors. The Company has already started commercial production of battery packs for two-wheelers from 17th June, 2026. With this investment in capacity addition, the Company shall be in a position to expand into the manufacturing of battery packs for four- wheelers, thereby further strengthening its presence in the electric mobility market. The Company is in advanced stage of discussion with a four-wheeler EV OEM for supply of these battery packs. Page 2 of 2