Announced Wed, 22 Jul · 18:25 IST
Commercial production begins at expanded Techtex unit
Capex & Operations View source PDF
COMSYN · price
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Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹181.40
prior close
₹181.88
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.0—+0.2-2.1-1.9————————
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AI summary
Commercial Syn Bags has started commercial production at its expanded Techtex unit at Indore SEZ, Pithampur, Madhya Pradesh from 22nd July 2026. The expansion adds 1,500 MTPA capacity to the existing 24,530 MTPA across units. Investment of Rs. 5 Crores was funded through internal accruals, share capital and borrowings. Existing capacity utilization was about 91% before expansion.
Likely market impact
Capacity addition of 6% should help meet rising demand and support gradual revenue growth. Funded via internal accruals and borrowings, keeping dilution minimal.