SHYAMMETLNSEShyam Metalics and Energy LimitedMediumPositive
Announced Thu, 16 Apr · 11:55 IST

Shyam Metalics And Energy Limited has informed the Exchange about Disclosure under Regulation 30 read with Schedule IIT of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 Commencement of Commercial Production of Phase II of Colour Coated Sheets Facility

Capex & Operations View source PDF

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AI summary

Shyam Metalics' step-down subsidiary Shyam Sel and Power Limited (SSPL) has successfully commissioned Phase II of its Cold Rolling Mill facility for Colour Coated Sheets at its Jamuria plant. Commercial production commenced on 16 April 2026. The expansion adds 0.15 Million Tonnes Per Annum (MTPA) of incremental capacity, bringing total installed capacity for this facility to 0.40 MTPA (combining Phase I's 0.25 MTPA and Phase II's 0.15 MTPA). This represents a 60% increase in Colour Coated Sheets capacity and strengthens the company's product offerings in the value-added steel segment.

Likely market impact

This capacity expansion signals positive operational growth and enhanced manufacturing capabilities in the high-margin Colour Coated Sheets segment. The 60% capacity increase could boost future revenue potential and market share in the value-added steel market, likely viewed positively by investors.