StockWatch
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Cement & Cement Products
Project Update27 May 2026, 02:29 pm

Ramco Industries: Maksi Plant Project Cost Increased to ₹250 Cr

AI Summary

Ramco Industries Ltd's board approved an increase in the project cost for its new fibre cement board plant at Maksi, Madhya Pradesh. The project cost has been revised from ₹180 Crores to ₹250 Crores (Gross value). The plant will have an installed capacity of 58,000 M.T. p.a. There are no other changes to the project details previously disclosed on November 5, 2025. The board meeting was held on May 27, 2026, from 11:30 a.m. to 2:00 p.m.

Key Highlights

  • Ramco Industries increases Maksi plant project cost to ₹250 Cr.
  • Original project cost was estimated at ₹180 Crores.
  • Plant capacity remains at 58,000 M.T. p.a.
  • No other changes to previously disclosed project details.