N R Agarwal Industries Limited has informed the Exchange that this disclosure is in continuation of the Company s earlier intimation dated July 31, 2025, regarding the setting up of new Multiplayer Board Plant (Unit VI).Pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI Listing Regulations, we wish to inform you that the Company has commenced the process of acquiring land at Dahej, Gujarat for the said project.The Company plans to acquire approximately 145 acres of land for Unit VI. The acquisition shall be undertaken in multiple tranches.We further inform that the first trench of sale deeds has been executed on December 19, 2025. Further developments, as and when material, shall be disclosed in accordance with the applicable regulations
NRAIL · price
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Awaiting price reaction for this filing.
N R Agarwal Industries has started acquiring land in Dahej, Gujarat for setting up a new Multilayer Board Plant (Unit VI), as previously announced on July 31, 2025. The company plans to acquire around 145 acres for the project, with the buyout happening in multiple tranches. The first tranche of sale deeds was signed on December 19, 2025. Further updates on the project will be shared as and when there are material developments.
This is a positive capacity expansion step that could support future revenue growth, but it is still early-stage with no commissioning timeline disclosed yet, so near-term stock impact is likely limited.