Announced Sat, 25 Jul · 16:44 IST
Subsidiary approves 300 crore capex for Vizianagaram expansion
Capex & Operations View source PDF
SARDAEN · price
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AI summary
Sarda Metals & Alloys Ltd, the wholly owned subsidiary, has approved capex of 300 crore to install a waste heat recovery power plant and expand mineral wool manufacturing at its Vizianagaram facility. The project is part of the company's green initiative and will be carried out at existing plant premises.
Likely market impact
Capex may boost margins and revenue from mineral wool and power segments over the medium term.