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Susan Electricals India Approves Rs 22 Crore Baghpat Land Purchase For Expansion


16 September 2026
Susan Electricals India Ltd.

Board approved purchase of ~1.96 hectare land at Mauza Jaunmani, Baghpat, UP from Mr. Parveen Kumar Jain for ~Rs 22 Cr cash for manufacturing expansion. Also approved FY26 Cost Audit Report. Transaction is non-related-party cash deal for capacity expansion; completion subject to statutory approvals and registration formalities within mutually agreed timeline. Funding source, valuation basis, capacity addition quantum and capex timeline not disclosed; no share acquisition or control change involved.


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