BSECompany Update5d ago · 31 Aug 2026, 06:55 pm

Commencement of New Line (s) of business.

Chandni Machines Ltd · 542627

✦ AI Summary▲ PositiveExpansion

Chandni Machines Ltd has commenced the implementation of its new project for manufacturing Aluminium Ingots at Kuvada GIDC, Rajkot, Gujarat. The company expects to commence trial production in September 2026 and commercial production from October 1, 2026, subject to receipt of the requisite statutory approvals and completion of commissioning activities.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10

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Chandni Machines Ltd - 542627 - Commencement Of New Line(S) Of Business

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Chandni Machines Limited Re gd. Office: 108/109.T.V Industrial Estate, 52 S. K. Ahire Marg, Worli, Mumbai — 400 030.India TeleFax No :022-24950328 Email :- jrgroup@jrmehta.com, sales@cml.net.in CIN : L24202MH2016PLC279940 Date: August 31, 2026 The BSE Limited, Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001 Scrip Code: 542627 Scrip Id: CHANDNIMACH Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 -commencement of New Line(s) of Business. With reference to the subject matter, please find enclosed herewith the disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the commencement of new line(s) of business by the Company. The details of the new line(s) of business are set out in the enclosed disclosure for your information and records. Request you to take the same on your records and oblige. Thanking You. DIN: 00193029 Chandni Machines Limited Re gd. Office: 108/109.T.V Industrial Estate, 52 S. K. Ahire Marg, Worli, Mumbai — 400 030.India TeleFax No :022-24950328 Email :- jrgroup@jrmehta.com, sales@cml.net.in CIN : L24202MH2016PLC279940 CHANDNI MACHINES LIMITED BSE Scrip Code: 542627 | Scrip ID: CHANDNIMACH Chandni Machines Limited Commences Implementation of Aluminium Ingot Manufacturing Project at Kuvada GIDC, Rajkot Mumbai, August 31, 2026: Chandni Machines Limited (BSE: 542627), a company listed on BSE, is pleased to announce that it has commenced the implementation of its new project for manufacturing Aluminium Ingots at Kuvada GIDC, Rajkot, Gujarat. As part of its strategic expansion and diversification initiatives, the Company has taken significant steps towards establishing its aluminium ingot manufacturing facility and expects to commence trial production in September 2026, followed by commercial production from October 1, 2026, subject to receipt of the requisite statutory approvals and completion of commissioning activities. Key Project Developments The Company has already undertaken the following key initiatives: 1. Manufacturing Facility: The Company has leased an industrial factory building of approximately 22,000 sq. ft. at Kuvada GIDC, Rajkot, with an existing electricity connection of approximately 37 KW. 2. Capital Investment in Machinery: Orders for various machinery and equipment aggregating approximately %150 lakh have been placed, with the Company having made the requisite payments. 3, Machinery Installation: The machinery is scheduled to be received in phases commencing from September 2, 2026, with installation and deployment targeted for completion by approximately September 20, 2026. 4. Workers' Facilities: Construction of workers' quarters and washroom facilities has commenced to provide accommodation and essential facilities for approximately 50 workers. 5. Manpower: The Company has engaged approximately 30 workers on a contractual basis for production-related activities, with further manpower deployment planned in line with production requirements. 6. Regulatory Approvals: The Company has already applied for Consent to Operate from the relevant Pollution Control authorities and expects to receive the same by approximately September 10, 2026, subject to regulatory processing and approval. 7. Production Schedule: The Company is targeting commencement of trial production from September 20, 2026, followed by commencement of commercial production from October 1, 2026, subject to successful commissioning, regulatory approvals and other applicable conditions. Expected Production Capacity and Revenue Potential | Chandni Machines Limited Re gd. Office: 108/109.T. V.Industrial Estate, 52 S. K. Ahire Marg, Worli, Mumbai — 400 030 India ' TeleFax No :022-24950328 Email :- jrgroup@jrmehta.com, sales@cml.net.in CIN : L24202MH2016PLC279940 Upon stabilisation of operations, the Company expects the facility to produce approximately 300 tonnes of Aluminium Ingots per month. Based on the Company's current internal estimates, the project is expected to generate approximately %9.45 crore of monthly revenue, based on an indicative average realisation/cost assumption of approximately 315 per kg. The Company currently estimates potential net profit of approximately 50 lakh per month once the operations reach the targeted level and stabilise. These estimates are based on current management assumptions and may vary depending on aluminium prices, raw-material costs, product realisations, production levels, operating expenses, market conditions and other factors. Expansion Plans The Company intends to further scale up the aluminium ingot manufacturing business and is evaluating a two-fold expansion of the proposed capacity by March 2027, subject to business performance, market conditions, availability of resources, regulatory approvals and the necessary investment requirements. The proposed expansion is expected to strengthen the Company's manufacturing capabilities and create a larger platform for its participation in the aluminium and non-ferrous metals value chain. Management Commentary Mr. Jayesh R. Mehta, Chairman & Managing Director of Chandni Machines Limited, said: “The commencement of our aluminium ingot manufacturing project marks an important step in the Company's growth and diversification strategy. We have already made substantial progress towards establishing the facility, including securing the manufacturing premises, placing orders for machinery and equipment, initiating infrastructure development and mobilising manpower. We are targeting trial production from September 20, 2026 and commercial production from October 1, 2026, subject to completion of installation, commissioning and receipt of the necessary regulatory approvals. The Company believes that the aluminium ingot business provides an attractive opportunity to build a scalable manufacturing operation. Our immediate focus is on establishing stable production, achieving targeted capacity utilisation and building a strong customer base. We are also evaluating a two-fold expansion by March 2027 as part of our broader growth strategy.” About Chandni Machines Limited Chandni Machines Limited is a company listed on the BSE Limited under Scrip Code 542627. The Company's registered office is located at T.V. Industrial Estate, S. K. Ahire Marg, Worli, Mumbai, Maharashtra. The Company is undertaking initiatives to expand and diversify its business operations, including the proposed aluminium ingot manufacturing project at Kuvada GIDC, Rajkot. Forward-Looking Statement This press release contains forward-looking statements relating to the Company's proposed aluminium ingot manufacturing project, production schedules, expected revenues, profitability, capacity utilisation and future expansion plans. These statements are based on the Company's current plans, estimates, Chandni Machines Limited Re gd. Office: 108/109.T.V Industrial Estate, 52 S. K. Ahire Marg, Worli, Mumbai — 400 030.India TeleFax No :022-24950328 Email :- jrgroup@jrmehta.com, sales@cml.net.in CIN : L24202MH2016PLC279940 assumptions and expectations and are subject to various risks and uncertainties, including regulatory approvals, commissioning and operational risks, availability and cost of raw materials, aluminium prices, market demand, customer orders, financing requirements, changes in economic conditions and other factors beyond the Company's control. Actual results, performance and timelines may differ materially from those expressed or implied in such forward-looking statements. The Company does not undertake any obligation to publicly update or revise these statements except as may be required under applicable laws and regulations. For further information, please contact: Chandni Machines Limited 108/109, TV. Industrial Estate, 52, S. K. Ahire Marg, Worli, Mu [Showing first 8,000 characters — download PDF for full document]