Maan Aluminium Limited has announced a significant step towards expanding its manufacturing capacity.

The company has acquired a building along with leasehold land located near its existing plant in Pithampur, District Dhar, Madhya Pradesh.

The land, which spans approximately 8500 square meters, will enable Maan Aluminium to further enhance its capabilities in the field of aluminium extrusion and value-added services, driving business growth.

The total expenditure for acquiring this land and building is Rs. 7.21 crore, which does not include stamp duty and other incidental charges.

This acquisition marks a strategic move to strengthen the company's infrastructure and expand its manufacturing footprint.

The decision to expand in Pithampur highlights Maan Aluminium’s commitment to growth and its long-term vision for scaling operations to meet the increasing demand for its products.

This new facility will be integral in enhancing the company’s aluminium extrusion capacity, supporting the growing demand in various sectors such as construction, automotive, and electrical industries.