Dhunseri Ventures Limited has informed the Exchange regarding a press release dated Jun 08, 2025, titled "The Company's wholly owned subsidiary, Dhunseri Poly Films Private Limited's (DPFPL) BOPP Plants Foundation Stone was laid by His Excellency, Lieutenant Governor of J&K at Kathua, Jammu, on 8th June, 2025.".
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Dhunseri Ventures Limited announced that its wholly owned subsidiary, Dhunseri Poly Films Private Limited (DPFPL), laid the foundation stone for a new BOPP (Biaxially Oriented Polypropylene) plant in Kathua, Jammu on June 8, 2025. The ceremony was attended by the Lieutenant Governor of J&K, government officials, bankers, suppliers, customers, and local people. The company described this as a pivotal milestone in expanding the subsidiary's manufacturing footprint. No financial details such as project cost or capacity were disclosed in this filing.
This signals Dhunseri's expansion into a new geographic region (J&K) through its subsidiary, which could support future revenue growth once the plant becomes operational. However, since the plant is only at the foundation stage, there is no immediate impact on earnings or stock price.