Announcement under Reg 30 of SEBI (LODR) for the Commencement of Commercial Production for the manufacturing facility located at Palghar.

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AI summary

Platinum Industries Ltd has announced that its remaining manufacturing facility at Palghar, Maharashtra has commenced full commercial production from May 21, 2026. This facility was part of the company's IPO objectives. Partial commercial production had already begun on August 8, 2025, and with this announcement, the entire manufacturing unit is now fully operational. The facility is located at Gut No. 496/2 & 560/2, Old Satpati Road, Shirgaon village, Palghar.

Likely market impact

Completion of this manufacturing facility marks a key milestone for the company, as it now has full operational capacity. This is positive for shareholders as it signals the company is executing its growth plans and can now generate revenue from the expanded asset base.