Board approves 2.8 million tonne capacity expansion and modernisation

Capex & Operations View source PDF Explain this filing

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.5%-0.3% vs market

Cement & Cement Products peers, median of 36sector+0.4%-0.2% vs sector

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AI summary

The board approved Rs 440 crore to add 2.80 million tonnes of capacity within about two years, taking planned investment to Rs 2,014 crore including modernisation. Current capacity is 14.75 million tonnes, with utilisation at 60% to 75%. Funding will come from a mix of debt and internal funds.

Likely market impact

The expansion may improve competitiveness and support growth, but higher borrowing and spending could weigh on cash flow until returns appear.