Capacity Addition Details
- Product: Copper Recycling
- Location: Existing unit at Mundra, Gujarat
- Type of Capacity: Fresh capacity addition (not expansion of existing capacity)
- Proposed Capacity: 59,200 MTPA (Metric Tons Per Annum)
- Implementation Timeline: Phased commissioning expected to be completed by March 31, 2029
- Investment Required: Approximately ₹64.00 Crores
- Financing Mode: Internal accruals
Rationale
The capacity addition aligns with the company's long-term strategy to strengthen its recycling capabilities and meet growing domestic and international demand for sustainable copper products.
Additional Information
- The disclosure was signed by Nitin Gupta, Company Secretary (FCS: 9984)
- Filed with both BSE Limited and National Stock Exchange of India Limited
- Document reference: GIL/2026-27/73