The expansion doubles the company’s Technical Textiles yarn capacity from 9,000 MTPA to 18,000 MTPA

The primary objective of the acquisition is to secure long-term cost-effective supply of renewable power for the manufacturing operations of the SPPL

The facility has commenced production at 350 tonnes per day, which is expected to gradually ramp up to 700 tonnes per day, in the next 3-4 months

Total consolidated income of the company decreased by 4.27% at Rs 748.57 crore for Q3FY25

The equity shares are proposed to be listed on BSE and NSE