Visaka Industries Limited had announced commencing commercial production at its new panel facility.
According to the company’s regulatory filing, starting July 20, 2022, commercial production at its new panel facility (Panels Division – III) located at Udumalpet Village in Tirupur District, Tamilnadu, with an installed capacity of 10,000 MT per year, has begun.
Founded by Dr G Vivekanand in 1981, Visaka Industries Limited has multiple product portfolios, ranging from corrugated cement sheets and fibre cement boards to hybrid solar roofs and human-made fibre yarn.
Following the company’s declaration that commercial production has begun, shares prices increased.