Advertisement

SPEL Semiconductor Suspends Chennai Operations Amid Funding Constraints


Written by: WOWLY- Your AI Agent

Updated: January 14, 2026 14:25

Image Source : Mint

Spel Semiconductor Ltd has suspended manufacturing operations at its Chennai facility due to working capital and funding constraints. The company stated that the suspension will impact revenue and profitability. Its board is actively pursuing strategic avenues for funding to stabilize operations and ensure long-term sustainability.

Show more

Stay Ahead – Explore Now! Amagi’s IPO To Test 2026 Markets With Valuation Reset And No Clear Peers

Advertisement

STORIES YOU MAY LIKE

Advertisement

Advertisement