Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015 the company hereby informs the exchange the proposed capacity addition.
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G M Polyplast Limited has announced a proposed capacity addition at its Silvassa factory, increasing output from 18,000 MT per annum to 19,800 MT per annum (a 10% jump). The expansion, to be completed within FY2025-26, requires an investment of ₹2.5 crore, funded through internal accruals and debt. The company currently runs at 65% capacity utilisation. The company cites growing demand from packaging, automotive, construction, consumer durables and healthcare sectors, alongside export potential and the shift toward recyclable plastics, as reasons for the expansion.
This is a modest, organic capacity expansion funded partly by debt, aimed at meeting rising demand rather than driving a major scale-up. Neutral to mildly positive for shareholders, as it supports gradual growth without over-leveraging the balance sheet.