Syncom Formulations India's expansion project delayed

Syncom Formulations India Ltd's project for expansion cum Modernisation of the existing plant 256-257 Industrial Area Sector I Pithampur, District Dhar (M.P.) 454775 was expected to be completed by 30th September, 2022.

The Civil Structure of the project is complete and machine installations are under progress.

However, due to certain delays in machine supply, the project is delayed and the company is hopeful to start production in the fourth quarter of the financial year.

Source : Equity Bulls

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SyncomFormulationsIndia Expansion Modernisation ProjectDelay