Havells India Limited informed that the Company was planning to set-up a new facility to manufacture Air conditioners at Sri City, Chittoor District in the state of Andhra Pradesh and requisite disclosures were given. The revised details are furnished hereunder: Existing Capacity - 0.9 million Units per annum at Ghiloth, Rajasthan; Existing capacity utilization - 90%; Proposed capacity addition - 1.120 million units per annum at Sri City, Chittoor, Andhra
Pradesh; Period within which the proposed capacity is to be added - Within next 9 months; Investment Required - INR 4,000 million (estimated); Mode of financing - Internal accrual/Term Loan; and Rationale - Business expansion.