ManufacturingPre-market
Jubilant Agri announces capacity expansion and demerger plan
pre-market1 source ↓written by the desknot a recommendation
- to its current
- 30,000 MTPA
- capacity
- 80,000 MTPA
- and is expected
- ₹50 crore
- be operational
- 12 months
Jubilant Agri & Consumer Products has announced a capacity expansion for its Performance Polymers division, adding 30,000 MTPA to its current 80,000 MTPA capacity. The new facility at Vadodara will require an investment of ₹50 crore and is expected to be operational in 12 months.
Additionally, a demerger plan with Jubilant Agri Solutions has been approved, aiming to restructure operations and enhance focus on core segments.
Not investment advice. For informational purposes only.