The Board of Directors of MeghmaniFinechem Ltd approved the expansion of the Chlorinated Polyvinyl Chloride Resin (CPVC Resin) plant in Dahej, Gujarat, by an additional 45,000 TPA production capacity.
Given the foregoing, MeghmaniFinechem Limited (“MFL”Chlorinated )’s Polyvinyl Chloride Resin (CPVC Resin) capacity has increased to 75,000 TPA.
Internal accruals and borrowed funds will be used to raise Rs.250 crore.
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