'Disclosure on modified opinion in Financial results for the quarter and half year ended 30th September 2026'

Commissioning and ramp-up of our new Egypt manufacturing facility expected by Q3 FY 27, unlocking high-growth international markets and cost-efficient capacity addition

With the expanded Palghar facility, now operational and the Egypt facility progressing toward commercial production by December 2026, our focus will be on improving capacity utilization, enhancing product mix and driving operating leverage.

Over a period of three years, we are expecting top line around INR 250 cr. to INR 300 cr. from Egypt operations.

Peak potential will be very high, say around INR 700 crores to INR 800 crore we are expecting from the new facility in Palghar over a period of three years.

Partial Commercial operations of CPVC at our new Palghar, Maharashtra facility have successfully commenced from 08th August 2025.

Remaining facility has started commercial production on 21st May 2026.