Successful installation and running of New Fully Automatic Notebook Manufacturing Machine at Palghar Plant

Sundaram Multi Pap Limited, is pleased to announce the successful installation and commissioning of a state-of-the-art fully automatic notebook manufacturing machine at its production facility in Palghar, Maharashtra.

Investment & Strategic Objectives:

The new machine, manufactured by Line-O-Matics, represents an investment of over ₹30 million. This move aligns with the company's strategic initiative to modernize its infrastructure, enhance productivity, and optimize operational efficiency.

Key benefits expected from this installation include:

- Increased production capacity with minimal manual intervention
- Improved cost-efficiency due to reduced labour and automation
- Enhanced product quality and consistency
- Strengthening operational margins and scalability

This development marks a significant step forward in Sundaram's commitment to technological advancement and sustainable growth. The Company intends to further augment its production infrastructure by adding more automated lines in the near future. The machine was installed few months back now is fully operational and running at its best pace.

Yash Shah (Chief Operating Officer), stated that "We are thrilled to welcome the new fully automatic Line-O-Matics machine to our production line. This upgrade will not only improve the overall efficiency of our operations but also reinforce our capacity to meet growing market demand with improved quality and reduced lead times."

Future Outlook:

With the successful commissioning of this machine, the company expects a meaningful uptick in production output while lowering per-unit costs. Further equipment additions are planned over the next few quarters to sustain momentum and further streamline operations.

Shares of Sundaram Multi Pap Limited was last trading in BSE at Rs. 1.48 as compared to the previous close of Rs. 1.45. The total number of shares traded during the day was 323912 in over 162 trades.

The stock hit an intraday high of Rs. 1.53 and intraday low of 1.40. The net turnover during the day was Rs. 478137.00.

Source : Equity Bulls

Keywords

SundaramMultiPap INE108E01023 NewMachine Palghar ProductionFacility