Yasho Industries Ltd commences Commercial Production at Pakhajan Plant in Dahej District

Yasho Industries Limited (BSE: 541167 |NSE: YASHO |ISIN:INE616Z01012) a leading Indian company manufacturing specialty and fine chemicals, has commenced commercial production at its Pakhajan Plant in Dahej District; Gujarat. Spread over 42 acres, the 20,000 MTPA unit has been set up at an approximate cost of Rs. 470 crore, against the originally envisaged budget of Rs. 400 crore. This increase is on account of enhanced scope of automation done to improve efficiency levels, increased capacity by around 15% and inflationary factors.

Commenting on the development, Mr. Parag Jhaveri, Managing Director & CEO said, “We are pleased to announce the commencement of commercial production at our new facility, marking a significant advancement in our journey of growth. Spread across 42acres, this expansive facility represents our commitment to expanding our operational footprint and enhancing our production capabilities. We are confident that our new facility will not only strengthen our competitive position in the market but also provides us requisite scale and capabilities to help us to take the company to the next level. This will take us one step closer in our journey towards transforming Yasho into a leading global chemical manufacturer by offering best-in-class products.”

Shares of Yasho Industries Ltd was last trading in BSE at Rs. 1841.80 as compared to the previous close of Rs. 1799.60. The total number of shares traded during the day was 7965 in over 1248 trades.

The stock hit an intraday high of Rs. 1870.00 and intraday low of 1783.60. The net turnover during the day was Rs. 14497574.00.

Source : Equity Bulls

Keywords

YashoIndustries INE616Z01012 CommercialProduction PakhajanPlant Dahej