SPEL Semiconductor Ltd Board Approves Major Expansion and Funding Targets Up To $500 Crores
SPEL Semiconductor Ltd, a leading entity in IC Assembly & Test operations, confirmed that its Board of Directors approved several significant strategic initiatives aimed at accelerating semiconductor manufacturing capacity and securing vital funding. The decisions were formalized during the meeting held on July 20, 2026.The Board approved the modernization and expansion of the company’s core semiconductor manufacturing facilities. This comprehensive plan includes substantial investments into advanced packaging, testing infrastructure, automation systems, utilities, and related operational capabilities across the organization.In a move...