Project Update12 May 2026, 01:59 pm
Pakka Ltd Revises Jagriti Project Cost to ₹744 Cr
AI Summary
Pakka Ltd has revised the total cost of its Jagriti Project to ₹744.00 Crore. The project, aimed at capacity expansion and facility upgrades, includes the installation of a new paper machine, modernization of the pulp mill, captive power generation, and effluent treatment plant upgrades. The project is divided into three phases with tentative completion timelines extending to January 1, 2027. Proceeds from a preferential issue will partially fund the project.
Key Highlights
- Jagriti Project's revised cost is ₹744.00 Crore, covering capacity expansion and upgrades.
- Project includes new paper machine, pulp mill modernization, and power generation facilities.
- Project is divided into three phases, with completion expected by January 1, 2027.
- Preferential issue proceeds will partially fund the Jagriti Project's capital expenditure.
- Phase I completion targeted for July 31, 2025, Phase II by December 2026.