BSESrigee Dlm LtdMediumPositive
Announced Tue, 18 Nov · 17:42 IST

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015

Capex & Operations View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Srigee DLM Limited has performed the Bhoomi Poojan (foundation stone laying) ceremony for a new manufacturing facility at Plot No. R-11A, Integrated Industrial Township, Greater Noida. The industrial plot spans approximately 10,850 sq. meters. This marks the start of construction activities for the upcoming plant, which is aimed at expanding production capacity and improving operational efficiency. The project aligns with the company's long-term growth and strategic plans. No specific investment amount or completion timeline has been disclosed in this filing.

Likely market impact

This signals the beginning of a capacity expansion phase, which could support future revenue growth if executed on time, but no financial commitments or completion dates were shared, leaving near-term impact limited.