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Kabra Extrusion Technik Ltd — Capital/Financing Update 2019
Feb 12, 2019
62521_rns_2019-02-12_d7b55704-0a3f-46de-88b7-97e3688aae39.pdf
Capital/Financing Update
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February[12, 2019]
KET/SEC/SE #018719
BSE Limited
Flam 75, Phixoze Ieejeebhoy Tower, Dalal Sheet, Mumbal 001
National Stock ExchangeIndia Limited, Exchange Plan,[CA1,] Block~G, Bandxa Kurla Complex, Bandra (Ease), MumbaiAUODSl. Stock Code: KABRAEXTRU
[Code:][ 524109] smp
Dear sn/ Madam,
Sub; Press Release
We enclose herewith Press Release mled ’Kabra Exh'nsionfechnik ventums into Green Energy Systems - Bamim’, beingissued by the Company.
Please take the same on your record.
Thankingyou,
Yours truly, For Kabm Exbnsionfechnik Ltd. n. Q Arya[KV][ Chachad] Company Seaemy End[:] As above
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KABRA EXTRUSIONTECHNIK VENTURES INTO GREEN ENERGY SYSTEMS "BAWRIXX" rranunrv 11‘ law
Kama Emsionl’echl’lik India's largest munuludmel of Plastic enlIISlcn machines,announce ll: venlure lo provide advanced lilhium ion Merv racks willr Bollely Managemenl Syslems (m5) lo power lhe grownr ol lnaia's lransirionlo gee" energy slarage syfiems ana Eledlic vehlcles (EV'sL
kabra Fxlrus'onlechnik, over me pas: lour decade: has been pioneer rn absorblng ana onnging lalesl European technologieslor[Plaslic] inrusicn ro lndia, including technology[lrom] Dunner:[like] Baflenfeld» Cincinnaii [GelmunyrAuslliarChirlaLFenlo lllalyl, Unicor (Germany), Mecanor (Flnlcnd).
ine company[will] leverage[ils] obinly lo aaabl new lechnologies[in] me[liihiurn ion] boilery pack will Baflely Managemenl Systems la[xuil] Indian needs and make[ll] availablelo lhe market.
Kabm Exlrusionlechnik under ihe brand name "BAHRIXX"[vviil] make modules, banery packs ana ballery managemenl syslems[lo] power[lrldia':] glowing[eleciric][vehicle] and energy siorage[markel] wiln higher range and longer ballery liie.
lhe Company has recenlly acquirer:land[rn] Pune Module and banery pack manulacrunng[line] along wirn a compleie slale ol me an Iesling sel up[is] expecled lo be operaiional by Q3 2019 wilh an inirial capaciry[oi] as gigawali[hour:] per year,[whlch][will] be increased as me[morkel] growx.
Anand Kama, Managing nireclor of Kabro Exwusion‘lechnik, said: "We are very exciled lo bring lo lnara superior and proven lechnology[in][me ] banery[modules,] pacla[and] baliery managemenl sysiern:[lor] EV: and Energy Slorage Synerrrs and are working on oil lhe applicaiionsusing Green Energy, Al Kubra, we are commirlea[ro] bring nale[ol][lhe] an proauclion[and] lesiing laciliry along[with][besl and] proven lecnnology la provide emuenl green energy[solulions][lo][India] and help achieve[xewremlssion] goal and reduce our Counfiv's dependence on[lossll] fuel,"
As per markel lepons, me lndian Automobile malkel is already lne slh largest in lhe world wllh a paienlial lo become lhe lop 3 markers[ in] ihe near lulure[There] would be a large conversion la eleclnc
vehicles wilh an eslimaiea 35% of the[.500] million vehicles sold[in] 2030 berng electric,
Abaul Kablu ExIvusionTechnik
Kabra[BdI'USIOYITeChnlk] llmlled, a lisled Company, B purl of lhe[R5] IDDO more Kalille Group wilh a vosl experience[ol][over][ 50] yean[ln][bringing] new[iechnologies.][rnanulaclurlng][and][ expons.] lne group has[5] manulacluring localions spread over n Damon, Gujaral and ullaraknana. Kabru's products are sold globally in over[90][CDUnlfieS] Including morkels[ll'ke][Australia,][USA] and[Lalln] America,
Marker leaders[in][its] Space, Kabra, eslablisnea[in] India since me last my live years,[is] supplemenlea by
rls nalranwrae soles nerwonk and a very sirong RErD cenler. The company ls recognized by me Depanmenl[of Scienlllic] and[lnduslrlal] Research, Govemmenl[or] lnma, as an esiaolishea[R&D][unii]
A Kalsire Group Company
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CONTACT US
Kabm Exlmsioniechnik lid.
Fonune Terraces, Iom Floor, 5 Wm), Opp. cm Mun, Link Road, AndherHWesi)[MumbaMOOOSS] Maharashtra, India.
Telephone;[+91722725734322]
Email: bafivixx©kolsiiegroupcom www.bcflrixx‘com
A KuIsile Group Company