14 Mar 2022 , 09:30 AM
Welspun India Limited informed the exchanges Sunday that Welspun Advanced Materials (India) Limited (WAMIL), a wholly owned subsidiary of the Company has commenced its operations with effect from March 12, 2022. The company had earlier informed about revision of the Advanced Materials Project being set-up through WAMIL.
WAMIL’s facilities at Telangana have installed a capacity of 17,729 MTPA of Spunlace with estimated revenue of Rs370 crore per annum at around full capacity utilisation.
At around 9.32 am, Welspun India Ltd was trading at Rs108.35 per piece up by Rs0.7 or 0.65% from its previous closing of Rs107.65 per piece on the BSE.
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