Rajapalayam Mills Ltd commissions Fabric Expansion & Fabric Processing Unit

Today (1st September, 2023), Rajapalayam Mills Ltd has commissioned Fabric Expansion Unit & Fabric processing Unit for commercial production. New Unit's commissioned today is having a weaving capacity of 166 Nos. of Looms and fabric processing capacity of 50,000 meters per day. Now, the company is capable of offering Finished - ready to stitch apparel fabrics.

To ensure Pollution free environment and commitment to Sustainability, the above unit is equipped with following:

Zero liquid discharge system with anaerobic bio treatment infrastructure aimed to reduce generation of hazardous chemical sludge significantly. The facility includes heat recovery from exhaust stenter hot air and hot water drain.

The Project cost of both Fabric expansion and Fabric processing as on 31-08-2023 was Rs.332 Crores.

Shares of RAJAPALAYAM MILLS LTD. was last trading in BSE at Rs. 753.30 as compared to the previous close of Rs. 744.05. The total number of shares traded during the day was 1382 in over 58 trades.

The stock hit an intraday high of Rs. 759.20 and intraday low of 735.00. The net turnover during the day was Rs. 1029103.00.

Source : Equity Bulls

Keywords

RAJAPALAYAMMILLS INE296E01026 FabricExpansionUnit FabricProcessingUnit CommercialProduction