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Pitti Engg. is engaged in the manufacturing of Electrical Steel Laminations, Motor Cores, Sub-Assemblies, Die-Cast Rotors, Press Tools and machining of metal components.
Pitti Engineering has shared the web-link and path for its FY25-26 Annual Report, accessible online for all shareholders. The 42nd Annual General Meeting will be held through Video Conferencing, ensuring access for members without registered emails.
Pitti Engineering's FY26 Business Responsibility and Sustainability Report highlights strong ESG performance. The company achieved LEED Platinum for a facility and an EcoVadis bronze rating. It completed planting 35,700 trees, expanded its EV fleet, and reduced energy and GHG intensity per rupee of turnover. Notably, zero workplace injuries were reported.
Pitti Engineering clarifies details for its new greenfield facility. Current machining capacity of 720,000 hours (81% utilized) will be expanded to 1,080,000 hours, signaling a 50% increase in operational capabilities.
Pitti Engineering finalized its RTA change, executing a Tripartite Agreement with new RTA MUFG Intime India Private Limited and former RTA XL Softech Systems Limited. All formalities are now complete, streamlining shareholder services.
Pitti Engineering's amalgamation scheme with wholly-owned subsidiaries Pitti Industries and Dakshin Foundry was approved by NCLT. This integrates businesses, simplifies structure, and is expected to boost efficiencies and synergies. NCLT also dispensed with meetings of shareholders and creditors for all entities, streamlining the process.