Announced Tue, 12 May · 15:18 IST
Capital investment of Rs 25 crores for copier conversion facilities
Capex & Operations View source PDF
SESHAPAPER · price
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AI summary
The Board of Directors approved a capital expenditure of Rs 25 crores for augmenting copier paper conversion facilities at the Erode and Tirunelveli units. The project aims to increase the company's participation in the copier paper market. There is no change in the existing paper manufacturing capacity of 2,55,000 tonnes per annum. The project is planned for completion within 6 months from June 2026.
Likely market impact
This capex signals expansion into copier paper segment without increasing manufacturing capacity, suggesting focus on value-added products. The investment should improve revenue mix and margins from copier papers.