Maxvolt Energy Industries currently manufacture a variety of batteries and have combined capacity to manufacture up to 97.2 MWh batteries as on September 30, 2024. Maxvolt Energy Industries intend to enhance their production capabilities through backward integration vide establishing a new battery line facility at their factory situated E-82, Industrial Area, Bulandshar Road, Ghaziabad, Uttar Pradesh, along with additional machineries for expansion. Maxvolt Energy Industries intend to expand their capacity and increasing their product offerings through the expansion of their existing facilities, addition of battery lines, which will allow us to produce a new line of parts such as re-cycling of used batteries. For further details of the proposed expansion, see “Objects of the Offer” on page 104 of the Draft Red Herring Prospectus. Their Company is led by their Promoters Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta and Mr. Sachin Gupta. They are involved in the critical aspects of their business, including expansion, process and plant, finance, sales and marketing etc, we further believe that their market position has been achieved by adherence to the vision of their Promoters and their combined experience in the industry in which their Company operates. They are well versed in Quality systems, adept at providing guidance, leadership and support in the quality of products and operations. They ensure that all activities conform to applicable norms as well as follow company standards and requirements. They always make sure operations adhere to goals, objectives and mission of their company. Their manufacturing facility is equipped with requisite infrastructure including machinery, other handling equipment to facilitate smooth manufacturing process and easy logistics. Maxvolt Energy Industries endeavor to maintain safety in their premises by adhering to key safety norms. Further, their factory is equipped with all testing facilities required to ensure that all products meet all the standards and specifications. Their manufacturing process is integrated from procurement of raw materials to final testing. Maxvolt Energy Industries have in-house testing facility to test their raw materials to match the quality standards. Before commencement of the manufacturing process, the raw materials purchased by their Company have to undergo a quality check, to ensure that they are of relevant quality and match the standards as specified. The finished products are checked in their in -house testing laboratory to ensure that the same is of relevant standards and design as specified by the customer; the products are then packed and dispatched.