Sundaram Multi Pap commissions new automated notebook machine at Palghar
SUNDARAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sundaram Multi Pap has installed and commissioned a new fully automatic notebook manufacturing machine at its existing Palghar plant in Maharashtra, supplied by Line-O-Matics at a cost of over ₹30 million. The company expects the upgrade to lift production capacity, lower per-unit costs through reduced labour and automation, improve product quality, and strengthen margins. The machine is already fully operational. The company plans to add more automated lines over the coming quarters to sustain growth.
Modest capacity and efficiency boost; company itself flags this as non-material, so limited near-term impact on stock price expected.