Latest

Capacity addition. ₹ 167 cr excluding working capital and goods.

Ambika Cotton Mills Limited has reported that the expansion of 6,048 spindles is now operational, with an additional 6,480 spindles nearing completion, funded entirely through internal accruals. The company also plans to modernize its existing 43,000 spindles at Unit IV to 45,000 spindles, with an estimated cost of Rs. 135 Crores, which will also be financed through internal accruals.

IMFA has provided an update on its greenfield ferro chrome expansion project in Kalinganagar. The details of the project status are attached to the filing.