06-Feb-2023
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that the Companys state-of-the-art fully automated manufacturing facility at Sandila Plot No. B4 B5 Industrial Area Sandila Phase I Sandila District: Hardoi Uttar Pradesh - 241 204 has commenced its commercial production today. It is the largest manufacturing facility of the Company in India with capability to produce 15000 KL/MT per month of water-based paint 4800 KL per month of solvent-based paint 7000 MT per month of putty 6000 MT per month of construction chemicals 2000 MT per month of resin and 6000 MT per month of emulsion under one roof. The Company has made an investment of more than Rs 1000 crores for setting-up the said manufacturing facility and the facility is expected to cater to the rising demand for the Companys products and bring down its cost of production.
