UTLSOLAR NSE filing

Fujiyama Power Systems to expand Lithium & Tubular Batteries manufacturing capacities

The RealCase readHigh impact Positive

Fujiyama Power Systems approved amendments to Articles of Association and re-appointed Mr. Sunil Kumar as director. The company will add 1 GWh Lithium Battery capacity at Ratlam Plant (₹5 crore investment, commissioning by Q2 FY27) and establish a 1 GWh Tubular Battery facility at Hathras (₹20 crore investment, commissioning by Q3 FY27).

Why it matters

The capacity expansions for both Lithium and Tubular batteries represent substantial investments and strategic growth initiatives that are likely to have a significant impact on the company's future revenue and market position.

The market read

The company is undertaking significant capacity expansions in both Lithium and Tubular Batteries, indicating growth and investment in its manufacturing capabilities. Re-appointment of a director and amendments to Articles of Association are routine but positive steps for governance.

Fujiyama Power Systems Limited announced today, August 24, 2026, key decisions made during its Board of Directors meeting. The company approved an amendment to its Articles of Association, making Joint Managing Directors rotational directors to ensure board flexibility and align with the Companies Act, 2013.

Additionally, Mr. Sunil Kumar (DIN: 09824459) has been re-appointed as a director, subject to shareholder approval at the upcoming Annual General Meeting. Mr. Kumar, a B.Tech in electrical engineering from IIT Delhi with over twenty-five years of experience at global technology firms including Google, is related to Mr. Yogesh Dua, the Joint Managing Director & CEO.

In a significant expansion move, the company approved enhancing its Lithium Batteries manufacturing capacity by 1 GWh at the Ratlam Plant in Madhya Pradesh. This addition, with an estimated investment of ₹5 crore financed through internal accruals, is expected to be commissioned by Q2 FY 2026-27. This brings the total expected lithium battery manufacturing capacity at Ratlam to approximately 3.5 GWh, including a previously announced 2 GWh expansion.

Furthermore, Fujiyama Power Systems will establish a new 1 GWh Tubular Batteries manufacturing facility at Hathras, Uttar Pradesh. This facility, with an estimated investment of ₹20 crore financed through internal accruals, is a replacement for the erstwhile 1.3 GWh Tubular Battery capacity at the Bawal Facility that was damaged in a fire incident on May 6, 2026. This new facility is expected to commence commercial operations by Q3 FY 2026-27.

Primary source

A plain-language summary of a public exchange filing by Fujiyama Power Systems Limited. Read the original for the full detail.

View original filing
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