Indo Tech Transformers Share Price in Focus; Board Approves ₹35 Crore Capex for Capacity Expansion

Indo Tech Transformers Ltd has approved an additional capital expenditure of ₹35 crore to expand its manufacturing capacity by 5,000 MVA, according to an exchange filing dated May 20, 2026.  

The investment will take the company’s planned total manufacturing capacity to 25,000 MVA by March 2029. Indo Tech said the expansion will be carried out over the financial years up to FY29.  

Existing Capacity Running at 80-90% 

The company currently operates with an installed capacity of 14,000 MVA. Capacity utilisation levels were reported in the range of 80% to 90%, according to details shared in the filing.  

Indo Tech stated that the proposed addition of 5,000 MVA is for increasing overall plant capacity. The company did not disclose location-specific details related to the expansion project.  

Total Approved Capex Reaches ₹135 Crore 

The ₹35 crore approval adds to earlier expansion-related investments announced by the company over the past 2 years. In December 2024, Indo Tech approved ₹75 crore to increase plant capacity to 16,000 MVA.  

This was followed by another ₹25 crore approval in November 2025 for expansion to 20,000 MVA. With the latest approval, the company’s total capital expenditure for capacity expansion stands at ₹135 crore. 

Indo Tech said the projects remain under execution in line with previous announcements made to stock exchanges.  

Funding and Regulatory Disclosure 

The company said the expansion will be financed through internal accruals and bank borrowings, including term loans. The disclosure was made under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements regulations.  

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Indo Tech Transformers Share Price Performance  

As of May 21, 2026, 12:30 pm, Indo Tech Transformers Limited share price was trading at ₹2,365.00, down 3.66% from the previous closing price. 

Conclusion 

The latest board approval forms part of Indo Tech Transformers’ multi-year manufacturing expansion plan, with additional capacity targeted to be operational by March 2029. 

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