Shanti Gold Commences Production at New Mumbai Facility; Adds 4,000 kg Capacity

Shanti Gold International Limited has commenced commercial production at its new manufacturing facility in Marol, Andheri (Mumbai), effective June 08, 2026. The expansion adds approximately 4,000 kg per annum to the company's total manufacturing capacity. Key Highlights: Capacity Addition: The new facility increases total production capacity by ~4,000 kg annually, following the initial project disclosure in January 2026. Manufacturing Capabilities: The plant integrates advanced manufacturing technology with traditional craftsmanship, specifically focusing on design-led and customized jewellery offerings. Strategic Location: Situated in Mumbai, a major hub for the Indian jewellery industry, optimizing supply chain and operational logistics. Strategic Significance: Meeting Organized Sector Demand: The capacity expansion directly addresses the growing demand in the organized jewellery retail sector, enabling Shanti Gold to service existing B2B clients and onboard new retail partners. Premiumization Focus: By emphasizing design-led and customized manufacturing, the company is aligning its production capabilities with the premiumization and personalization trends driving the Indian jewellery market. Execution Track Record: The timely commissioning of the facility demonstrates strong project management and execution capabilities by the management team. Outlook: The 4,000 kg capacity addition is expected to provide a strong tailwind for Shanti Gold's top-line growth and improve overall capacity utilization. As the organized jewellery market continues to consolidate, having scalable, high-quality manufacturing infrastructure will be a key differentiator. $SHANTIGOLD