Business Update17 Jun 2025, 06:32 pm
Lords Chloro Alkali Ltd Approves Lease Deed and Capacity Addition of Chlorinated Paraffin Wax
AI Summary
Lords Chloro Alkali Ltd, a prominent player in the chemical industry, has announced a series of updates in its recent board meeting. The company has approved a related party transaction and proposed a capacity addition of Chlorinated Paraffin Wax (CPW) from 50TPD to 100 TPD at its Rajasthan facility. The proposed expansion is expected to be completed by the end of the current financial year (FY 2025-26) and will require an investment of approximately Rs. 30.00 Cr. The company plans to finance this expansion through internal accruals and sanctioned credit lines. The capacity expansion aims to enable greater economies of scale, improved fixed cost absorption, and enhanced product availability to meet increasing market demand.
Key Highlights
- Approval of related party transaction for residential premises/home office for Mr. Madhav Dhir, Whole Time Director of the Company, and guest house/conference room/ cabins for office use.
- Proposal for Chlorinated Paraffin Wax (CPW) expansion from 50TPD to 100 TPD.
- Expansion project expected to be completed by the end of the current financial year (FY 2025-26).
- Investment required of approximately Rs. 30.00 Cr.
- Financing of the expansion through internal accruals and sanctioned credit lines.