Mitsu Chem Plast Adds 2550 MT Capacity

Nature of the Event

The disclosure is a mandatory filing regarding a material event—specifically, an expansion of manufacturing capacity.

Key Quantitative Figures

• Existing Capacity: 29,900+ MT/Year for FY 2025-26. This is the combined capacity of the company's existing manufacturing facilities: Unit I, Unit 2, and Unit 4 (located in Tarapur) and Unit 3 (located in Khalapur).
• Existing Capacity Utilization: 64% for the year ended March 31, 2026.
• Proposed Capacity Addition: Approximately 2550 MT/Year. This new capacity is being added at Unit 3 (Khalapur) and is in addition to the existing 29,900+ MT/Year.
• Investment Required: Approximately ₹350.00 lakh (₹3.5 crore) for the purchase of machinery.

Mode of Financing

The investment will be financed through Internal Accruals.

Rationale

The stated rationale for the capacity addition is for Sustaining Growth, Product diversification, Meeting Market Demand and Exceeding Customer Expectations.

Parties Involved

The disclosure was signed by Gargi Sawant, Company Secretary & Compliance Officer. The company's registered office is at Unit-I: N-83/84, MIDC, Tarapur, Boisar, Dist. Palghar - 401506, Maharashtra, INDIA.