Mumbai, Dec. 19 -- The company will allot 30,10,398 equity shares to six investors, including Ashish Rameshchandra Kacholia, Bengal Finance and Investment, Sanjay Babulal Surana, Vaibhav Jayantilal Shah (on behalf of R K Investments, Partnership firm), Madhu Silica and Nareshkumar Mahasukhlal Mehta.

Meanwhile, the board also approved the expansion of facilities for manufacture of liquid cooling skids for Data centers, proposing a capacity addition of 13,000 pieces per year from existing 2,000 pieces per year. The expanded capacity is expected to be commissioned by June 2026.

Further, the board approved the installation of robotic welding lines and automatic welding stations for manufacturing assemblies of flexible stainless-steel (SS) h...