New Launch7 Jul 2025, 05:51 pm
Ecoplast Ltd. to Increase Production Capacity by Adding a CI Flexo Printing Press
AI Summary
Ecoplast Ltd. has announced its decision to increase production capacity by adding a CI Flexo Printing Press. The company's Board of Directors approved the investment of Rs. 21 crores for this project. The proposed capacity addition is 2880 MT, which is expected to be added by September 2026. The company plans to finance this project through proceeds of a Preferential issue, Internal accruals, and borrowings. The rationale behind this decision is to meet the requirements of the business.
Key Highlights
- Ecoplast Ltd. to increase production capacity
- Investment of Rs. 21 crores approved
- Proposed capacity addition of 2880 MT
- Project to be financed through Preferential issue, Internal accruals, and borrowings
- Capacity addition aimed at meeting business requirements