The company will start production of Stainless Steel Press Plate for HPL on a trial basis for the purpose of testing and quality improvement from March 2021. It expects to start its commercial production from the month of April 2021.
“The company is planning to start manufacturing of new product i.e. Stainless Steel Press Plate for High Pressure Laminate (HPL) at company’s Kosamba plant situated at Block No.251-B, Royal Industrial Park, Vill-Moti Pardi, Ta. Mangrol, Surat - 394120, Gujarat
In this connection, we have added a new machine in our range for manufacturing of Stainless Steel Press Plate for HPL,” company said in a regulatory filing on Tuesday.
The company will also use its existing machines which has been installed in previous years for the purpose of Polishing of Stainless Steel sheet.
Aaron Industries Limited stock ended at Rs51.45 up Rs0.45 or 0.88% on the NSE.