Shri Keshav Cements and Infra to expand capacity to 1 MTPA; Stock zooms ~6%

3 Nov 2022 , 11:23 AM

Shri Keshav Cements and Infra Limited has informed to the exchanges regarding approval of expansion f cement manufacturing capacity to 3000 TPD (1 MTPA).

As per the filing, the company informed that at the meeting of the Board of Directors of held on 02nd November, 2022, the board reviewed the feasibility study undertaken by the company for expanding the cement manufacturing capacity to 3000 TPD (i.e. 1 Million TPA) and based on the feasibility report, the Board has approved the aforesaid expansion.

At around 11:31 AM, Shri Keshav Cements & Infra Ltd is currently trading at Rs107.80 per share up by Rs6 or 5.89% from its previous closing of Rs101.80 per share on the BSE.

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