Grasim Industries Limited has informed the Exchange regarding 'Commencement of commercial production of Resin manufacturing block at Mahad, Maharashtra'.
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Grasim Industries has started commercial production at its new Resin manufacturing block at the Mahad plant in Maharashtra, effective June 24, 2025. The block has an installed capacity of 22 million litres per annum. This is part of the company's Birla Opus Paints facility at Mahad, which had commenced paint production earlier in March 2025. The resin block will supply resin in-house for paint manufacturing, supporting backward integration in the paints business.
Positive for shareholders — the in-house resin production should lower input costs, improve supply reliability, and support margin expansion in Grasim's growing paints business under the Birla Opus brand.