Pondy Oxides & Chemicals Limited — Important, 24-01-2025: Capacity addition

The Board of Directors has noted the progress on the construction of a new Lead Smelter Plant at Thervoykandigai, Tamil Nadu. This advanced facility, set to be the first of its kind in India, will have a total capacity of 72,000 MT per annum. Erection and commissioning are nearing completion, with trial production expected to begin in the first week of March 2025 for the initial phase of 36,000 MT per annum. This development is crucial as it positions Pondy Oxides and Chemicals Limited to enhance production capabilities and cater to growing market demand. Investors should watch closely for the operational ramp-up and the potential impact on revenue streams once full-scale production commences.