As filed · Press Release
announce that Company has signed a Memorandum of Understanding (MoU) with the Indian Navy.
A joint venture commits capital and management time to an asset the company only part-owns.
Prior statements by this company that CapitSignal has recorded changing.
Yes, Rahil. We believe that we can scale up the capacity utilization of the proposed new facility much faster, primarily because we have been in the supply chain for the last 30 years selling across 65 countries, selling the same product, established supply chain.
And unfortunately thereafter we had an incident at our Hyderabad facility where we lost 6,000 of capacity.
We will be looking at an additional capex for additional 150 KL totally adding up to 250 KL.
Unfortunately, that capacity expansion has not yet commenced.
