Ecoplast Limited approves capex

The Board of Directors of Ecoplast Limited at their meeting held today have approved the increase in production capacity by adding a extrusion film plant and coating plant.

The existing capacity of Extrusion is 5760 MT and running at capacity utilization of 100%. The proposed capacity addition is 1800 MT and expected to be added by June 2026.

The existing capacity of SPF is 4080 MT and running at capacity utilization of 80%. The proposed capacity addition is 1680 MT and expected to be added by December 2026.

The investment required for the above capacity expansion is Rs. 12.75 crore which will be raised through internal accruals and borrowings.

Shares of ECOPLAST LTD. was last trading in BSE at Rs. 500.00 as compared to the previous close of Rs. 499.50. The total number of shares traded during the day was 38 in over 3 trades.

The stock hit an intraday high of Rs. 500.00 and intraday low of 497.05. The net turnover during the day was Rs. 18996.00.

Source : Equity Bulls

Keywords

ECOPLAST INE423D01010 Capex