Ami Organics to Invest Rs. 177 Crores in Brownfield Project for Electrolyte Additives Products

Ami Organics Ltd. has announced an enhancement in capital expenditure of up to Rs. 177 crores for its brownfield project of electrolyte additives products at the Jhagadia facility. The additional expenditure is required for building dedicated ancillary infrastructures, including transforming manual operations to fully automated operations, building of dedicated utilities, and storage & packaging facility. The proposed capacity for electrolyte additives products is 4000 MT/year, and the company plans to add this capacity by H1 of FY 2025-26. The investment will be financed through shares issue proceeds and internal accruals.