Greenpanel Industries Ltd has informed that the manufacturing operations at Company’s MDF plant situated at Chittoor, Andhra Pradesh shall remain closed for a period of about 8 days (approx.) w.e.f. January 17, 2022.
As per regulatory filing, the operations shall remain closed due to addition of new machinery (Mat Heating System) to speed up the production process and increase the capacity utilization.
“An estimated expenditure of Rs8-10cr (approx.) shall incur for addition of the above machinery and likely to result increase in production capacity of the plant from existing 3,60,000 CBM to revised 4,44,000 CBM (approx.) per annum”, said company.
On Monday morning trade, Greenpanel Industries was trading at Rs459.55 per piece higher by 1.64% on Sensex.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
