N R Agarwal Industries Limited has informed the Exchange that pursuant to Regulation 30 of the SEBI Listing Regulations read with the above-mentioned SEBI Circulars, the Company has received an amendment to the Consolidated Consent & Authorization (CCA) from the Gujarat Pollution Control Board (GPCB) permitting enhancement of production capacity at its Unit I situated at Plot No. 167, 169, Phase II, GIDC Estate, Vapi, District Valsad, Gujarat.The enhancement is subject to compliance with the conditions stipulated in the amended CCA.
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N R Agarwal Industries has received approval from the Gujarat Pollution Control Board to increase production capacity at its Unit I in Vapi, Gujarat. The Duplex Paper Board capacity will rise from 8,000 MT per month to 10,000 MT per month, adding 2,000 MT per month (a 25% increase). The existing plant was already running at 100% utilization, indicating strong demand. No additional capital expenditure is required for this enhancement, and the increased capacity is effective immediately. The approval is subject to compliance with conditions in the amended Consolidated Consent & Authorization (CCA).
Positive for shareholders — the company can now grow volumes by 25% without any major capital outlay, which should support revenue growth and margins given that the existing plant was already at full capacity. This is a low-cost expansion that leverages existing infrastructure.