Date: 29th May, 2026

Board Meeting Outcomes

  • The Board of Directors at its meeting held on 29th May, 2026 approved setting up a 5000 TPA (100%) High Purity Grade Hydrogen Peroxide Plant at Dahej, Gujarat
  • Estimated investment: ₹67 Crores

Project Details

  • Location: Dahej, Gujarat
  • Capacity: 5000 TPA (100%) High Purity Grade Hydrogen Peroxide
  • Target applications: Semiconductor fabrication, Solar cell manufacturing, and other advanced electronics applications
  • Timeline: Project planned to go on stream in 18 months from the zero date (kick-off meeting with Technology Supplier)

Financial Impact

  • Expected annual sales revenue contribution: Approximately ₹42 crores
  • Funding arrangement: Primarily from surplus internal operations, with need-based gap funding from borrowings if required

Strategic Rationale

  • The plant will enable production of High Purity grade Hydrogen Peroxide for niche applications in semiconductor fabrication and advanced electronics
  • Supports manufacturing units being set up in India for these advanced applications