Announced Mon, 27 Jul · 14:09 IST
Epigral to set up new Epoxy Resin and MPP plant at Dahej with Rs 600 Cr investment
EPIGRAL · price
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Price reaction · full curve 14 horizons · vs prior close
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₹1163.00
prior close
₹1154.10
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AI summary
Epigral's board has approved a new manufacturing facility at its existing Dahej, Gujarat site for Epoxy Resin and Formulations (proposed capacity of 1,25,000 TPA) along with a Multi-Purpose Plant. Total estimated investment is around Rs 600 Crores, to be funded through a mix of debt and internal accruals. The new capacity is targeted by H2 FY2028. The rationale is to expand the product portfolio and meet growing demand.
Likely market impact
Significant capacity expansion signals strong growth ambitions. Rs 600 Cr capex may pressure short-term cash flows but should support long-term revenue growth.