Lords Chloro Alkali Limited — Board Meeting, 17-06-2025: Outcome of Board Meeting
17-06-2025 | 06:12 pm
17-06-2025 | 06:12 pm
Lords Chloro Alkali has announced a board meeting approving a related party lease agreement for office and residential use at Rs 8 lakh/month rent, involving Whole Time Director Madhav Dhir. The company also plans to double its Chlorinated Paraffin Wax (CPW) capacity from 50 TPD to 100 TPD by the end of FY 2025-26, investing around Rs 30 Cr funded through internal accruals and credit lines. This expansion aims to capitalize on strong demand, improve plant utilization (currently 80%), and leverage economies of scale in downstream chlorine and hydrogen segments.
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