Shyam Metalics And Energy Limited has informed the Exchange regarding a press release dated April 21, 2026, titled "Shyam Metalics Expands Pakuria Operations with Addition of Two Annealing Furnaces (25 MT & 30 MT) and Commissioning of 2300 mm Vertical Foil Separator (LGSS)".
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Shyam Metalics and Energy Limited has expanded its Pakuria facility by commissioning two new Annealing Furnaces with capacities of 25 MT and 30 MT per annum respectively. The company has also commissioned a 2300 mm Vertical Foil Separator (LGSS) capable of processing Ultra-Light Gauge and Light Gauge aluminium foil in the 6-15 micron thickness range. These additions aim to streamline the annealing process, improve production efficiency, enhance product quality consistency, and enable the company to cater to more specialized customer requirements. Commercial production from the new furnaces has already commenced. This represents a brownfield expansion of existing operations rather than a new greenfield project.
The expansion strengthens Shyam Metalics' manufacturing capabilities at its Pakuria unit and supports its strategy to offer more value-added products. While no specific capex figures were disclosed, this incremental capacity addition at an existing facility should be positive for shareholders as it targets growing demand for specialized aluminium foil products.