CAPEX & FUTURE PLAN
L&T Finance Limited (LTF) has taken a strategic step to expand its gold loan portfolio by acquiring the gold loan business of Paul Merchants Finance Private Limited. The deal, structured as a slump sale on a going concern basis, is valued at ₹537 crore, with adjustments expected until closure. Key Highlights of the Acquisition Agreement…
Kansai Nerolac Paints Limited and Rajshree Polypack Limited have announced expansions to enhance their production capacities, reflecting their commitment to meeting growing market demand. Kansai Nerolac Paints Limited Expansion Details: Increasing auto paint production capacity at its Sayakha plant by 4,200 KL per annum. New Capacity: Expanding from 11,940 KL per annum to 16,140 KL…
Ganesha Ecosphere Limited has revealed plans to expand the capacity of its wholly owned subsidiary, GANESHA ECO PET PRIVATE LIMITED. The key details of the expansion are as follows: Increase in Production Capacity: Ganesha Ecosphere will enhance its production capacity by 90,000 tons per annum (TPA). This includes a previously announced expansion of 45,000 TPA…
Vinati Organics Limited is expanding its presence in the United States by establishing a Wholly Owned Subsidiary (WOS). This move aims to support the manufacturing and sale of its products in the U.S. while also exploring future business opportunities in the region. Key Highlights of the U.S. Expansion: Purpose: The WOS will oversee the manufacturing…
Sai Life Sciences to Expand R&D Capabilities with New Facility in Hyderabad Sai Life Sciences Limited has announced plans to enhance its R&D capabilities by establishing a new research and development facility in Shamirpet, Hyderabad. Key Highlights of the Expansion Location: The new facility will be situated in Shamirpet, Hyderabad, augmenting the existing Unit II…
Pondy Oxides and Chemicals Limited (POCL) Unveils India’s First Fully Automated Lead Smelter Plant Pondy Oxides and Chemicals Limited (POCL) has established a state-of-the-art lead smelter plant in Thervoykandigai, Thiruvallur District, Tamil Nadu. This advanced facility, the first of its kind in India, is fully automated and sets a benchmark in the industry. Key Highlights…
Neuland Laboratories Limited has announced plans to enhance capacity at two of its manufacturing facilities: Unit 1 – Bonthapally Village: The peptide synthesizer capacity will increase from 0.5 KL to 6.37 KL, with completion targeted by FY27. The project, costing ₹254 crores, will be funded through a mix of borrowings and internal accruals. This multi-product…
Jupiter Life Line Hospitals Plans New Facility in Thane Jupiter Life Line Hospitals Limited (JLHL) is expanding its operations with a new hospital in Ghodbundar Mira Road, Thane District, on a recently acquired plot measuring approximately 8,433 square meters. This facility will add 300 beds to JLHL’s current capacity of 1,061 beds, bringing enhanced healthcare…
CEAT Limited’s consolidated financial results represent the combined performance of the parent company and its subsidiaries. The unaudited financial results for the quarter and nine months ended December 31, 2024, were approved by the Board of Directors on January 15, 2025. Key Highlights of the Unaudited Results: Revenue from Operations: ₹ 329,990 lakhs (Q3 FY24)…
Indo Tech Transformers Limited Plans INR 75 Crore Capital Expenditure to Boost Capacity to 16,000 MVA Indo Tech Transformers Limited has announced a capital expenditure proposal of INR 75 Crores to enhance its plant capacity to 16,000 MVA. The project will be executed over the financial years 2024-2027 and will be financed through internal accruals…