Announced Mon, 17 Aug, 2026 · 15:04 IST
Board approves Rs 6.71 crore capex for new Karnataka manufacturing facility
SHILGRAVQ · price
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AI summary
Shilp Gravures board approved a Rs 5.71 crore investment for plant and machinery at a new Karnataka facility, plus Rs 1 crore for setup expenses, totaling about Rs 6.71 crore. The new unit will add over 18,000 gravure cylinders per year to existing capacity of 94,000 at Gujarat. Funded through internal accruals. Expected to commence in FY 2026-27.
Likely market impact
Capacity to rise by about 19 percent, funded internally. Supports long-term growth without adding debt. Positive signal for future revenue.