Vishnu Chemicals-led subsidiary completes brownfield expansion project

28 Mar 2022 , 12:44 PM

Vishnu Chemicals Ltd stock trades marginally higher on Monday’s trading session after the intimation on completion of expansion project at subsidiary company.

As per the filing, the wholly owned subsidiary Vishnu Barium Private Limited (VBPL) has completed the brownfield expansion of its state-of-the-art plant at Srikalahasti. This expansion increases the capacity by 50% from current 40,000 MTPA in the subsidiary company.

At around 12:48 PM, Vishnu Chemicals was trading at Rs1,735 apiece up by Rs10.65 or 0.62% on Sensex.