Rajeev Desai

I talked about Vilas Transcore Ltd below at 352.

It is still there ...

But I just visited AI Concall summary and am delighted to know they have expanded capacity by 3x and also started new products.

--Go through the AI Summary at Screener...read it...Want to buy or not....read it...

Apart from that what catch my eye was in point 2. and part C,

they say , C) HV Bushings – new entity (noteworthy strategic move)

• Announced incorporation of a new entity to manufacture HV bushings 12 kV to 400 kV.
• Vilas Transcore will hold 25% initially; rationale:
• • It is “strategically… a R&D project” and management did not want early-stage R&D losses to “impact on the balance sheet for the 1 or 2-year.”
  • Separate entity also enables potential JV/technology transfer: “we are discussing with two or three companies for the joint venture or technology transfer.”
• Near-term plan/capex:
• • OIP bushing up to 145 kV targeted first.
  • Capex ~INR10 crores in FY27 for R&D/test labs; using a “readymade building” on rent.
  • RIP/RIS: paralle