Pudumjee Paper Products Limited — Important, 18-01-2025: Capacity addition
18-01-2025 | 05:49 pm
18-01-2025 | 05:49 pm
Pudumjee Paper Products Limited has received Consent to Establish for its proposed Specialty Paper grades manufacturing facility at Mahad from the Maharashtra Pollution Control Board. The new unit will add a capacity of 68,000 MT per annum over a five-year period, with an estimated investment of ₹1,350.09 Cr. This move aims to enhance the company's production capabilities in specialty paper, which could bolster its market position. As the existing Pune facility operates at about 86% utilization, this expansion presents a significant opportunity for growth and improved operational efficiency in a competitive landscape. Shareholders should monitor developments closely as this could lead to enhanced revenue potential in the coming years.
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