Paushak Limited has received approval to its application for amendment in Industrial License from the Department for Promotion of Industrial & Internal Trade, Ministry of Commerce & Industry vide its communication dated 3rd August, 2020 for expansion of licensed manufacturing capacity at its existing manufacturing facilities located at Panelav, Gujarat.
With this approval, the company has announced expansion of licensed manufacturing capacity for the product Phosgene from 4,800 MT per annum to 14,400 MT per annum and graded capacity for its other phosgene based derivatives.
The above referred approval will allow the Company to gradually expand its capacity in a phased manner.
Shares of PAUSHAK LTD. was last trading in BSE at Rs.3931.2 as compared to the previous close of Rs. 3699.9. The total number of shares traded during the day was 8478 in over 920 trades.
The stock hit an intraday high of Rs. 3990 and intraday low of 3650. The net turnover during the day was Rs. 32424485.