Verified·Haridwar·Updated 1h ago

Sharda Motor Industries Gets Factory License for New Haridwar Plant

Sharda Motor Industries has received a factory license from Uttarakhand's Labour Department for a new manufacturing facility in Haridwar.

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Current Summary

Sharda Motor Industries has received a factory license for its new manufacturing facility in Haridwar, issued by the Labour Department of the Government of Uttarakhand on October 14, 2026. The company disclosed the development to the BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following an earlier disclosure about the same project made on February 6, 2026. The filing was signed by Iti Goyal, Assistant Company Secretary and Compliance Officer, confirming receipt of the license from state authorities.

What We Know

Sharda Motor Industries received a factory license for a new plant in Haridwar.
The license was issued by Uttarakhand's Labour Department on October 14, 2026.
The company disclosed this to stock exchanges under SEBI listing regulations.
An earlier disclosure about the same project was made in February 2026.

What Is Still Unclear

Projected timeline for commissioning the facility and reaching full operational capacity.
Which specific automotive components or vehicle segments will be produced at the plant.
Expected scale of investment and local employment generation.

What Changed

15 Oct, 09:50 pm
Signal detected: Sharda Motor Industries Gets Factory License for New Haridwar Plant