Poddar Pigments Limited has informed the Exchange about Commencement of commercial production/operations

PODDARMENT · price

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Price reaction · full curve 14 horizons · vs prior close

-2.9%1-day move

₹207.04

prior close

₹208.58

base price

In-mkt

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AI summary

Poddar Pigments Limited has started commercial production on 27th March 2026 for an additional 6,000 Metric Tons Per Annum (MTPA) of Colour Masterbatches at its Chaksu Plant in Jaipur, Rajasthan. This is on top of the existing capacity of 8,030 MTPA, raising total capacity to 14,030 MTPA — roughly a 75% jump in capacity. The expansion was carried out at a capital expenditure of Rs. 1,090.01 lakhs (about Rs. 10.9 crores). The company describes it as part of its overall growth plan.

Likely market impact

This is a meaningful capacity expansion that should support future revenue and earnings growth in Poddar Pigments' core Colour Masterbatches business. Near-term impact on stock will depend on how quickly the new capacity is utilized and absorbed by demand.