Business Update24 Apr 2026, 04:09 pm
Balrampur Chini: ₹160 Cr Lactogypsum Plant at Kumbhi
AI Summary
Balrampur Chini Mills Ltd (BCML) will set up a ₹160 crore Lactogypsum Processing Plant at Kumbhi, Uttar Pradesh, to manufacture gypsum boards from PLA by-products, with production expected by December 2027. The company also approved a preferential issue of equity shares aggregating to approximately ₹450 crore and authorized the issuance of Non-Convertible Debentures (NCDs) up to ₹200 crore. The capital expenditure for its Polylactic Acid (PLA) project has been revised to approximately ₹3,080 crore.
Key Highlights
- BCML to invest ₹160 Cr in a Lactogypsum Processing Plant at Kumbhi.
- Plant to produce 76 lakh gypsum boards per annum, starting Dec 2027.
- ₹450 Cr equity to be raised via preferential issue with 43% promoter participation.
- Board authorized issuance of NCDs up to ₹200 crore.
- PLA project capital expenditure revised to approximately ₹3,080 crore.
BALRAMCHIN*Sugar
BALRAMPUR CHINI MILLS LTD.Price Impact