Balkrishna Industries has successfully completed the capital expenditure for its 30,000 MTPA (Metric Tonnes Per Annum) plant dedicated to producing high-value advanced carbon material.
The company has now commissioned the plant, marking a significant milestone in its expansion efforts. This development follows an earlier announcement made in February 2021 regarding the setting up of this facility. The new plant is expected to enhance Balkrishna Industries’ production capabilities and strengthen its position in the market.
We hereby wish to inform that the Company has completed the capex for 30,000 MTPA of high value of advanced carbon material and commissioned the plant, the company said in the exchange filing.
Shares of Balkrishna Industries closed 1.50% higher at ₹3,081.05 on NSE.
