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Rallis India Ltd to expand capacity of Pendimethalin Plant at Dahej SEZ unit
Jan. 25, 2024
Rallis India Limited
IndiaFollow
IndiaThe Board of Directors of Rallis India Ltd at its meeting held on January 23, 2024, have approved the proposal for capacity addition of the existing Pendimethalin Plant at Dahej SEZ unit.
The proposed capacity addition of ~2000 MT/Annum will require investment of ~Rs. 15 crore which will be financed through internal accruals. The existing capacity of ~5000 MT/Annum is running at 90% capacity utilization.
The expansion is expected to be completed in a phased manner by FY 25. The expanded capacity will help to meet the sales demand for international as well as domestic market.
Source: Equity Bulls
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