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| Exchange Disseminated Time 07/11/2015 18:30:01 | Jindal Poly Films Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 07, 2015, inter alia, has considered and approved in principle the following future expansion plan for the Company:
1. Expansion plans for Company's India operation and for its subsidiaries in USA and Europe and total expected investment is approx. Rs. 1,000 Crores.
2. The capacity expansion comprises of 3 BOPP production lines, Metalisers, Coating Lines along with the required ancillary equipment.
The combined capacity of BOPP films will increase by 161,000 TPA totaling to 606,000 TPA globally.
In this regard, the Company has issued a copy of Press Release titled "Expansion of Capacities for its India Operation and its USA, European subsidiaries". |
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