Shyam Metalics Commissions 0.15 MTPA CRM Phase II

Shyam Metalics commissioned Phase II of its Cold Rolling Mill facility on April 16, 2026, adding 0.15 MTPA capacity through subsidiary Shyam Sel and Power Limited.
Total CRM capacity increased to 0.40 MTPA, enabling entry into solar panel mounting structures, automotive, and consumer durables sectors.
The expansion qualifies for Government of India's PLI 2 Scheme and is expected to improve product mix and contribute to incremental EBITDA.
Company expects optimal ramp-up within 10-12 months while maintaining focus on disciplined capital allocation and value-accretive expansions.