Building plan approval received for new manufacturing unit
UTKAL · price
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The company has received building plan approval and construction permission from IDCO Special Planning Authority for setting up Manufacturing Unit - II in Khordha, Odisha. The new unit will manufacture paper and corrugated paper products, with a total approved built-up area of 7,205.25 square metres. The approval, dated October 7, 2026, is valid for three years. This marks an important milestone for the company's capacity expansion and long-term growth strategy.
Positive for capacity expansion plans. Actual financial impact depends on capex outlay, which is not disclosed in this filing.