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Natural Capsules to raise manufacturing capacity of capsules over next 2 years

The current market cap of the company is Rs111.53cr.

July 16, 2021 12:10 IST | India Infoline News Service
Medical supplies, pills and capsules
Natural Capsules Ltd has informed that Board of Directors of Company in the meeting on 15th July 2021 at their Corporate office took on the record the completion of capacity expansion of Gelatin capsules from 7.8 billion to 11.04 billion capsules per annum.

Further, the Board noted and approved capacity expansion plan to increase the manufacturing capacity to 22.08 billion capsules over a period of next 2 years at a cost of Rs39.90cr to be funded by internal accruals and fund raising.

At around 12:10 PM, Natural Capsules was trading at Rs177.35 apiece down by Rs1.6 or 0.89%.

Previously, the scrip was closed at Rs178.95 apiece on the BSE.

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